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Category: Central Banks

Forex Short News
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ECBs Rehn: Tariffs have dampening effect on inflation in short-term to medium-term

Posted onApril 24, 2025

ECBs Rehn” Tariffs have dampening effect on inflation in short to medium-term. Fiscal spending will only have effect from 2026 onwards This article was written …

Forex Short News
Central Banks, Forex Short News

Atlanta GDPNow growth estimate adjusted for exports and imports of gold -0.4% vs -0.1%

Posted onApril 24, 2025

The Atlanta Fed GDPNow growth estimate for Q2 adjusting for exports and imports of gold failed to -0.4% from -0.1% previously. The unadjusted GDP forecast …

Central Banks
Central Banks

BOE’s Bailey: we see impact of tariff uncertainty coming through to Business/Consumer

Posted onApril 24, 2025

Speaking on CNBC, BOE Bailey says: We see impact of tariff uncertainty coming through two business investment and consumers. Impact of tariffs on exchange-rate has …

Forex Short News
Central Banks, Forex Short News

ECB’s Holzmann: Rate cut must wait for more tariff certainty:

Posted onApril 24, 2025

Rate cuts must wait for more tariff certainty. There was a broad consensus around lowering rates, but some disagreement at the margins. It wasn’t clear …

Forex Short News
Central Banks, Forex Short News

ECBs Nagel: We are fairly certain inflation effect of tariffs will be stronger in US v EU

Posted onApril 24, 2025

ECBs Nagel is speaking on business television and says We are fairly certain that inflation effect of terms will be stronger in the US than …

Forex Short News
Central Banks, Forex Short News

ICYMI – South Korea Q1 GDP unexpectedly contracts, boosting rate cut expectations

Posted onApril 24, 2025

South Korea’s economy shrank 0.2% q/q in Q1 expected + 0.1% Its first quarterly contraction since mid-2024 and missing forecasts for modest growth. Exports fell …

Forex Short News
Central Banks, Forex Short News

“Lock it in: RBA to cut 25bps in May” – Westpac forecast for the Reserve Bank of Australia

Posted onApril 24, 2025

The Reserve Bank of Australia next meet on May 19- 20 In summary from Australian ‘big four’ bank Westpac, bolding is mine: Lock it in, …

Forex Short News
Central Banks, Forex Short News

UBS says Trump’s rate cut demands risk undermining the Fed and stoking further uncertainty

Posted onApril 24, 2025

UBS has warned that Trump’s renewed calls for lower interest rates risk further eroding confidence in the Federal Reserve’s independence — a dynamic markets are …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.2098 (vs. estimate at 7.3111)

Posted onApril 24, 2025

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). …

Forex Short News
Central Banks, Forex Short News

MUFG sees ECB on track for June rate cut, with neutral territory in sight by year-end

Posted onApril 24, 2025

MUFG expects the European Central Bank to resume easing in June, arguing that a wide range of disinflationary forces leave little justification for delaying a …

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