An opinion piece in the Chinse State Media, People’s Daily, says that China may have room for a Reserve Requirement Ratio (RRR) cut. And an …
Category: Central Banks
SMH at central banks last week, wall-to-wall PhDs at them and not an ounce of comment sense. Two examples: RBA leaves its cash rate unchanged …
Mon: Japanese Cash Earnings (Feb), German Trade Balance (Feb), EZ Retail Sales (Feb), EZ Sentix Index (Apr) Tue: N/A Wed: FOMC Minutes, RBNZ Announcement, RBI …
Inflation has come down quite a bit and we’re close to maximum employment Data has been solid, right through today’s jobs report What we’ve learned …
Chair Jerome H. Powell At the Society for Advancing Business Editing and Writing Annual Conference, Arlington, Virginia Thank you for having me here today. Monetary …
It’s too soon to say what will be the appropriate path for monetary policy Tariffs likely to raise inflation in coming quarters; more persistent effects …
We’re watching Trump tweets very closely and Powell is set to speak in 15 minutes. The prior tweet from Trump led to a bounce in …
Yesterday I wrote that the speech from Powell scheduled for today was an even-bigger event than non-farm payrolls and that’s even more true now. Fed …
BOJ will aim to raise rates to 1% under current rate hike cycle The next rate hike from 0.50% to 0.75% could happen either in …
Bank of Japan Governor Ueda says US tariffs have heightened uncertainty for the global economic outlook BOJ tankan showed some manufacturers saw hit from U.S. …