Timiraos argues that the chaotic implementation of President Trump’s tariff policy is creating a difficult dilemma for the Federal Reserve: either risk a recession or …
Category: Central Banks
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
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 …
National Australia Bank (NAB) has revised its year-end AUD/USD forecast higher to 0.70, citing a prolonged bear market for the US dollar. The bank’s FX …
Hong Kong central bank intervention HKMA sells HK$ 60.543 bln into market as Hong Kong dollar hits strong end of trading range *** Since 1983, …
Morgan Stanley expects no changes at the May FOMC meeting on Wednesday, while forecasting the Bank of England to cut by 25bps on Thursday, with …
We have intervened appropriately But degree of intervention in FX market is smaller than usual Have warned those who are trying to speculate in the …
Urges market commentators not to speculate on Taiwan dollar situation Urges companies not to listen to untrue analysis, sell US dollar positions Taiwan does not …
The Reserve Bank of New Zealand (RBNZ) has warned that the accelerating adoption of artificial intelligence in financial services poses emerging risks to financial stability. …
Trump has ruled out removing Federal Reserve Chair Jerome Powell before his term ends in May 2026, despite continuing to criticise him and urge for …