Federal Reserve Governor Christopher Waller said Friday that the U.S. central bank should proceed with another interest rate cut in December, arguing that recent weakness …
Category: Central Banks
Reserve Bank of New Zealand – publishes 2025 bank stress test results Large banks well placed to withstand solvency, liquidity impact of severe scenario caused …
Sun: US clocks change (LDN-NY gap reverts to 5hrs); OPEC-8 Meeting. Australian Final PMIs (Oct) Mon: Japan Culture Day Holiday; Swiss CPI (Oct), EZ, UK …
Inflation expectations anchored Should proceed based on what data is telling us Should look through tariff-driven inflation Excluding temporary inflation, PCE is running at 2.5% …
Fed’s Bostic is saying: Eventually got behind the cut this week Dual mandates are in tension supported a cut because it still feels we are …
A surprise in this week’s Fed decision was a hawkish dissent from Kansas City Fed President Schmid, who didn’t want to hike rates. In his …
Logan is backing up Schmid. The KC Fed President Schmid loses his vote next year but he’s replaced by Logan, who is equally hawkish. She …
Has concerns about high and potentially spreading inflation Labor market largely in balance, any stress likely due to structural change that small Fed rate cuts …
Markets are currently not expecting a significant change Again, there’s nothing new here. Expect to hear the same stuff over and over again for more …
HICP for 2025 revised up by 0.1% to 2.1%. 2026 and 2027 unchanged at 1.8% and 2.0% respectively Real GDP 1.2% for 2025, 1.1% for …