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Category: Central Banks

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Fed’s Musalem: Monetary policy is currently is well positioned

Posted onMay 20, 2025

St. Louis Fed Pres. Musalem (2025 voter) is speaking and says: Monetary policy is currently well-positioned Balanced response to higher inflation, unemployment feasible if inflation …

Forex Short News
Central Banks, Forex Short News

Bank of Canada rate cut odds plumment. Eyes now on next week’s GDP data

Posted onMay 20, 2025

The implied odds of a Bank of Canada rate cut on June 4 have plunged to 36% from 65% following today’s CPI report. The main …

Forex Short News
Central Banks, Forex Short News

Another cascade of Federal Reserve speakers due on Tuesday

Posted onMay 20, 2025

The times below ar GMT/US Eastern time, some of these listed will flow over into the Asian timezone Wednesday. Happy days 😉 1300/0900 Federal Reserve …

Forex Short News
Central Banks, Forex Short News

European Central Bank’s Knot speaking on Tuesday (and three other ECB officials)

Posted onMay 20, 2025

Knot seems the most likely to be making comments pertinent to traders. All times listed below are GMT/US Eastern time: 1000/0600 Pre-recorded video interview with …

Forex Short News
Central Banks, Forex Short News

Bank of England Chief Economist Huw Pill speaking Tuesday on ‘The monetary policy outlook’

Posted onMay 20, 2025

0800 GMT / 0400 US Eastern time: Bank of England Chief Economist Huw Pill gives a speech at Barclays briefing ‘The monetary policy outlook’ The …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY mid-point today at 7.1931 (vs. estimate at 7.2112)

Posted onMay 20, 2025

Its been busy from China already, with rate cuts flowing in: More rate cuts coming from Chinese banks – as expected PBOC cuts Loan Prime …

Forex Short News
Central Banks, Forex Short News

PBOC cuts Loan Prime Rates (LPRs) by 10bp for both 1- and 5-year loans

Posted onMay 20, 2025

The cuts were expected. The People’s Bank of China cut its 7 day reverse repo benchmark rate by 10bp to 1.4% earlier this month. Governor …

Forex Short News
Central Banks, Forex Short News

More rate cuts coming from Chinese banks – as expected

Posted onMay 20, 2025

Chinese state banks are cutting deposit rates today as previewed earlier: ICYMI – China’s state banks are expected to cut deposit rates today (Tuesday China …

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.2112 – Reuters estimate

Posted onMay 20, 2025

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …

Forex Short News
Central Banks, Forex Short News

25bp RBA rate cut today is baked in, but here’s what to watch for in the Statement

Posted onMay 19, 2025

A 25bp cash rate cut is almost unanimously expected. The latest set of forecasts I have seen have all analysts look for 25bp but two, …

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