Fed’s Daly says she doesn’t see mass unemployment or displacement from AI
I don’t see mass unemployment or displacement from AIBarriers to getting sustained productivity growth from AI ...
Fed’s Paulson says healthy for markets to shift to tighter monetary policy outlook
Inflation pressures are weighing on the economyFirms are having a hard time planning for the futureMonetary policy is ...
Fed’s Bowman says progress on lowering inflation has stalled
Fed can look through energy shock if it stays credible on monetary policyStill early to gauge Middle East war’s ...
Fed policymaker Schmid: My primary concern is inflation, which is too hot
My primary concern is inflation, which is too hot and has been above target for too longNow is not the time to let do ...
BOE governor Bailey: We have already tightened policy by taking rate cuts off the table
We have to monitor the situation in the Middle EastNeed to see how it affects the UK economy and inflation very close ...
Dollar faces renewed strength if US-Iran talks fail, MUFG warns
MUFG analysts warn the dollar could strengthen further if US-Iran talks collapse, with energy-driven inflation risks ...
Bank of England Bailey, Mann and Greene due to speak at conferences: rates, crypto
BOE Governor Andrew Bailey speaks in Reykjavik Friday at 0910 GMT, followed by hawk Catherine Mann in Dubrovnik Satur ...
RBNZ’s Breman signals faster and larger rate hikes than previously flagged
RBNZ Governor Anna Breman said the OCR is likely to increase sooner and by more than previously signalled, citing Mid ...
PBOC sets USD/ CNY reference rate for today at 6.8176 (vs. estimate at 6.7685)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.more to come
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PBOC is expected to set the USD/CNY reference rate at 6.7685 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), ...
Tokyo core CPI misses forecasts in May, complicating case for BOJ June rate hike
Tokyo core CPI rose 1.3% y/y in May, missing the 1.5% forecast and extending a six-month slowdown, as fuel and educat ...
RBNZ’s Silk flags near-term inflation pressure and rate hikes in coming meetings
RBNZ Assistant Governor Karen Silk said inflation pressures are building in the near term and the bias is toward rate ...