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Category: Central Banks

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 …

Forex Short News
Central Banks, Forex Short News

BOC’s Macklem: We are navigating carefully

Posted onApril 16, 2025

The Bank of Canada Governor holds a press conference and takes questions from reporters along with Senior Deputy Governor Carolyn Rogers. Highlights: We are navigating …

Forex Short News
Central Banks, Forex Short News

Watch live: Bank of Canada holds press conference affter rate decision

Posted onApril 16, 2025

USD/CAD has traded lower after the Bank of Canada opted to hold rates at 2.75%. Macklem will be asked about what’s next as the market …

Forex Short News
Central Banks, Forex Short News

Bank of Canada reworks MPR to offer two different tariff scenarios

Posted onApril 16, 2025

Rather than providing a traditional base-case projection, the Bank of Canada has presented two illustrative scenarios to account for the uncertainty around US trade policy. …

Forex Short News
Central Banks, Forex Short News

A comparison of the March Bank of Canada statement to the April statement

Posted onApril 16, 2025

A comparison of the March statement to the April statement reflects the “major shift” in the US trade policy and unpredictability of tariffs. Hence the …

Forex Short News
Central Banks, Forex Short News

Bank of Canada Macklin text release of his opening statement

Posted onApril 16, 2025

Opening statement Tiff Macklem Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s policy announcement and our April …

Forex Short News
Central Banks, Forex Short News

The full statement from the April 2025 Bank of Canada rate decision

Posted onApril 16, 2025

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at …

Central Banks
Central Banks

Federal Reserve Chair Powell speaks on the economic outlook today, Wednesday, April 16

Posted onApril 16, 2025

1600 GMT/1200 US Eastern time – Federal Reserve Bank of Cleveland President Beth Hammack speaks on “Fed 101” and participates in a moderated question-and-answer session …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.2133 (vs. estimate at 7.3272)

Posted onApril 16, 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

PBOC is expected to set the USD/CNY reference rate at 7.3272 – Reuters estimate

Posted onApril 16, 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 …

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