Federal Reserve Governor Christopher Waller maintains his dovish stance, explaining why he dissented in favor of a 25 bps cut at the latest policy meeting. …
Category: Central Banks
Federal Reserve Bank of Atlanta President Raphael Bostic signaled a firm stance on monetary policy, suggesting the central bank should remain patient and restrictive as …
Trump post on Truth Social: “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS …
The USD rose broadly on this: USD has jumped on rumors Kevin Warsh will be new Fed Chair, announcement due Friday As the hours have …
Economists now expect the RBA to hike rates to 3.85% in February after inflation surprised to the upside, though most see only limited further tightening. …
The PBOC follows a managed floating exchange rate system. Allows the yuan to fluctuate within a +/- 2% range, around a central reference rate, or …
Markets are on edge ahead of Trump’s Fed chair announcement, with Kevin Warsh emerging as the frontrunner and betting odds shifting sharply in his favour. …
Earlier: US Treasury says yuan undervalued, urges China to allow appreciation — The People’s Bank of China is due to set the daily USD/CNY reference …
Softer January Tokyo inflation data eases pressure on the BoJ to hike rates again soon, despite a still-tight labour market. Summary: Tokyo inflation slowed across …
Summary: The US Treasury said the Chinese yuan is “substantially undervalued” and called for a timely, orderly appreciation. Treasury again stopped short of naming any …