Hong Kong Monetary Authority bought 3.38bn HKD to prop up the currency. The HKD has been running along weaker end of its trading band (ie …
Category: Central Banks
Chicago Federal Reserve Bank President Austan Goolsbee is not there yet on a September rate cut more to come Fed’s fall rate-setting meetings will all …
While the market price is in 100% chance of a September rate cut, Fed members are less assured it is needed despite the weaker jobs …
The Bank of Canada meeting minutes from the July interest rate decision Ahead of Bank of Canada’s July 30 rate announcement, some Governing Council members …
Fed’s Goolsbee and question-and-answer doesn’t talk about the economy or Fed policy (at least initially). He does say: Independence of the Fed is important because …
A 50 basis point cut in September sounds panicky Rate could be 100 basis points lower before talking about neutral territory. You don’t want to …
The US CPI report yesterday came in more or less within expectations, with the details not really reflecting material evidence of an acceleration in tariffs …
Nomura Holdings now expects the Federal Reserve to begin easing policy with a 25bp rate cut in September, citing a weakening US labour market and …
Supportive comments coming out China. China’s Ministry of Commerce official: Service consumption has big growth potential Supporting service consumption will help expand domestic demand, employment …
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). …