A Powell pardon would not break the Senate logjam, with Tillis holding firm until the Fed probe concludes. Summary: Senator Tillis says a Powell pardon …
Category: Central Banks
Richmond Fed President Barkin is usually a good barometer on where the core of the FOMC stands. Rate cuts so far have helped insure health …
Warsh is a fantastic choice to lead the Fed Fed needs to cut rates by about a percentage point this year Underlying inflation is not …
We are still looking to bring inflation down without sacrificing much The economy is actually in a really good position The labour market is really …
It will now take longer for inflation to return to the target And this is no longer an acceptable outcome We cannot allow inflation to …
The RBA delivered a unanimous 25bp hike tio take the cash rate back up to 3.85% and upgraded its inflation profile, with the SMP implying …
Reserve Bank of Australia decision. I’ll have more to come on this separately. Background: ANZ sees RBA 25bp rate hike today, but no commitment to …
ANZ expects the RBA to lift rates by 25bp in February, while stressing the move would be framed as cautious and data dependent rather than …
The PBOC follows a managed floating exchange rate system. Allows the yuan to fluctuate within a +/- 2% range, around a central reference rate, or …
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 …