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Category: Central Banks

Forex Short News
Central Banks, Forex Short News

PBOC is expected to set the USD/CNY reference rate at 7.3083 – Reuters estimate

Posted onApril 17, 2025

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 …

Forex Short News
Central Banks, Forex Short News

Fed’s Schmid says agricutural sector very nervous about tariffs

Posted onApril 16, 2025

Federal Reserve Bank of Kansas City President Jeffrey Schmid. There’s a lot of nervousness in the agricultural sector from tariffs I’m an optimist, need to …

Forex Short News
Central Banks, Forex Short News

Deutsche Bank ECB preview: Rate cut expected as downside risks build

Posted onApril 16, 2025

Deutsche Bank expects the European Central Bank to cut its policy rates by 25 basis points to 2.25% at its meeting on 17 April. While …

Forex Short News
Central Banks, Forex Short News

Powell downplayed risk to Fed independence from Trump firings case

Posted onApril 16, 2025

Federal Reserve Chair Jerome Powell said he doesn’t believe a high-profile Supreme Court case over former President Donald Trump’s dismissal of two Democrats from federal …

Central Banks
Central Banks

Powell sees strong possibility that trade progress will move Fed away from goals

Posted onApril 16, 2025

We will be moving away from goals for the balance of the year, perhaps we can resume next year Tariffs are higher than we expected …

Forex Short News
Central Banks, Forex Short News

Fed’s Powell: Well positioned to wait for greater clarity before making changes to stance

Posted onApril 16, 2025

Growth likely slowed in Q1 Economy solid despite heightened uncertainty and downside risks Inflation is a bit above 2% goal, has come down a great …

Forex Short News
Central Banks, Forex Short News

Macklem struggles through the Bank of Canada press conference, offers few useful comments

Posted onApril 16, 2025

Today’s press conference won’t be on Tiff Macklem’s highlight reel. The Bank of Canada Governor struggled to offer any kind of guidance about policy going …

Forex Short News
Central Banks, Forex Short News

Atlanta Fed GDPNow improves to -2.2% from -2.4% at the last estimate

Posted onApril 16, 2025

The Atlanta Fed GDPNow growth estimate for Q2 improved to -2.2% from -2.4% on April 9. The GPS meant adjusting for imports and exports of …

Forex Short News
Central Banks, Forex Short News

More from Fed Hammack: Going to take time to see how trade policy is impacting economy

Posted onApril 16, 2025

Cleveland Fed Pres. Hammack is adding additional comments saying: It is not appropriate to respond to every twist and turn of markets. Focuses on how …

Forex Short News
Central Banks, Forex Short News

Fed’s Hammack: Sees a ‘strong case’ to hold policy steady for now

Posted onApril 16, 2025

Policy patience will allow the Fed to gather more data on the economy Fed in position to take time and assess Beings slow and reacting …

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