Inflation data is stale and is coming down Data since September suggested Fed should be more dovish than its September view. Reasonable to be incrementally …
Category: Central Banks
Labor market has cooled in an orderly way Consumer balance sheets are ok Companies say labor market has softened a little, things look reasonably ok …
Policy is in a good place Rate cut so far has supported labor market, keeps downward pressure on inflation Slow wage growth shows it’s a …
Rate cuts by year-end Fed: 16 bps (65% probability of rate cut at the upcoming meeting) 2026: 82 bps ECB: 1 bps (96% probability of …
Restrictive policy is putting downward pressure on inflation Tariffs effects are largely confined to goods Inflation expectations still relatively well anchored She’s clearly erring on …
Fed needs to guard against inflation risks But should not ignore possibility of productivity boom and faster non-inflationary growth Tariff-driven price increases not spilling over …
If inflation developments deviate, or if projections are modified, and if transmission is not correct, then we may change But so far, we firmly believe …
Hopes for BOJ to guide monetary policy appropriately so Japan can sustainably achieve 2% inflation, that is not just driven by cost-push factors but also …
Aida, who is also chief Japan economist at Credit Agricole, spoke to the Nikkei newspaper and said that: “It would be quite risky for the …
BOJ policy board member Junko Nakagawa Speech at a Meeting of the Okayama Club. Full text: Economic Activity, Prices, and Monetary Policy in Japan — …