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Category: Central Banks

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ICYMI: Citigroup shifts Fed rate cut call to June, maintains 125 bps easing 2025 forecast

Posted onApril 21, 2025

Citigroup economists have pushed back their forecast for the Federal Reserve’s next interest rate cut to June, revising their previous expectation for a move in …

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Fed’s Goolsbee: We’ve got short-run inflation expectations up but not long-term

Posted onApril 21, 2025

I would like us to get a read on whether tariffs are hurting productivity Imported goods are only 11% of GDP so the impact of …

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Central Banks, Forex Short News

PBOC leaves loan prime rate unchanged

Posted onApril 21, 2025

One-year rate at 3.10%, unchanged Five-year rate at 3.60%, unchanged This article was written by Adam Button at www.forexlive.com.

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Fed’s Daly: Cautiously optimistic on inflation path, maintains call for gradual cuts

Posted onApril 18, 2025

San Francisco Fed President Mary Daly made a rare Good Friday appearance for a moderated discussion on the economy and monetary policy outlook. She emphasized …

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BOJ governor Ueda: Will raise rates if forecast of underlying inflation materialises

Posted onApril 18, 2025

Will continue to guide policy from standpoint of sustainably achieving 2% inflation target Underlying inflation gradually accelerating due to wage hikes Will raise rates if …

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Trump has spoken with Kevin Warsh about taking over the Fed Chair – WSJ

Posted onApril 17, 2025

President Trump has for months privately discussed firing Federal Reserve Chair Jerome Powell, according to people familiar with the matter cited by the WSJ. Trump …

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ECB sources: Some members see a high chance of a June cut

Posted onApril 17, 2025

Reuters is reporting that ECB sources are saying: Some ECB governors already see high chance of a June rate cut. Other governors still far from …

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Treasury Secretary Warns Removing Fed Chair Could Cause Market Instability

Posted onApril 17, 2025

Earlier Pres. Trump railed on Fed Chair Powell (aka Too Late Powell) on Truth Social saying Megan Messerly’s X post reports that Treasury Secretary Bessent …

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Anna Paulson is the new Philadephia Fed Pres. effective July 1, 2025

Posted onApril 17, 2025

Anna Paulson will be the next Philadelphia Fed Pres. She will replace Patrick Harker who has been the Philadelphia Fed Pres. since July 1, 2015. …

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Lagarde Q&A: A number of governors a few weeks ago would have argued to skip a rate cut

Posted onApril 17, 2025

We’ll use whatever instrument is appropriate No one argued for a 50 basis point cut A number of governors a few weeks ago would have …

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