The US may be heading towards structurally higher unemployment, something the central bank cannot offset The Fed has maintained focus on economic outcomes across groups; …
Category: Central Banks
The onshore yuan hit a 2½-year high as USD/CNY fell below 6.90, with the PBOC signalling greater tolerance for strength. Summary: USD/CNY falls to 6.8954, …
China’s central bank kept benchmark rates unchanged for a ninth month, balancing growth support with yuan stability. Summary: PBOC keeps 1-year LPR at 3.0%, 5-year …
PBOC CNY reference rate setting for the trading session ahead. The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference …
The ninth consecutive month without a change. More on the LPRs, and why they don’t matter so much any more, here: Economic and event calendar …
The Bank of Korea is set to hold rates at 2.50% this week and through 2026 as FX and housing risks outweigh easing pressures. Summary: …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
U.S. Treasury led January yen rate check to steady markets during Japan’s election turmoil, Nikkei reports. Summary: U.S. Treasury Secretary Scott Bessent led January yen …
Rabobank and UBS see the Swiss franc staying firm as safe-haven demand outweighs intervention risks. Summary: Rabobank and UBS expect CHF to stay well supported …
Reserve Bank of Australia economist Plumb Will continue to focus on quarterly CPI data for forecasting Have also been analysing underlying inflation measures using monthly …