ECB policymaker Escriva says the ECB needs to monitor for second-round effects on wages
We need to monitor for second-round effects on wagesLatest ECB wage growth tracker points to stable wage growth ECB&# ...
Recap: Japan PM Takaichi urges policy restraint after hawkish BOJ testimony on price risks
ICYMI: BOJ Deputy Governor Himino warned the Diet that delaying monetary tightening risks an inflation overshoot as e ...
PBOC sets USD/ CNY reference rate for today at 6.8150 (vs. estimate at 6.7733)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More on this here.Earlier:Ch ...
BOJ Dep Gov Himino warned delaying policy adjustments could trigger a inflation overshoot
Summary:Inflation overshoot risk: Delaying necessary adjustments to monetary easing could cause prices to overshoot t ...
PBOC is expected to set the USD/CNY reference rate at 6.7733– 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), ...
Bank of Japan Deputy Governor Himono to speak imminently
Bank of Japan Deputy Governor Himono is set to appear in the Japanese parliament from 0000 GMT (2000 US Eastern time) ...
Newsquawk Week in Focus: US PCE, Canadian CPI, EZ Flash PMI, Japanese Tokyo CPI
Mon: CNB Minutes (Jun), Chinese LPR, Canadian Inflation (MayTue: BCB Minutes (Jun), Global Flash PMIs (Jun), US ADP E ...
How have interest rate expectations changed after this week’s events?
Rate hikes by year-endRBNZ: 62 bps (80% probability of rate hike at the next meeting)Fed: 38 bps (40% probability of ...
ECB policymaker Wunsch says upside surprises in inflation would justify further tightening
Full article hereECB’s Wunsch said he would support another 25 bps hike if inflation data continues to come in ...
ECB policymaker Lane sees the current inflation shock as “mid-sized”, defends rate hike
Inflation will be above 3% for the rest of this year
It’s hard to make a case that we shouldn’t have ...
Japan CPI stays muted in May as subsidies mask building inflation pressure
The data is dovish on the surface but the BoJ is unlikely to read it that way given the context. Subsidies are doing ...
BoJ deputy governor says delaying on price risks could cause long-term economic damage
The overshoot warning is the sharpest language Himino has used across both sets of remarks on Friday and lifts the ha ...