PBOC sets USD/ CNY reference rate for today at 6.8130 (vs. estimate at 6.7752)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on the process.mor ...
Analysts split on Fed path after June hold, with December hike odds near 50%
The divergence between a hold-all-year base case and a near-coin-flip December hike probability reflects the genuine ...
CITIC Securities sees Fed on hold all year as Warsh faces political & inflation crosswinds
CITIC’s hold call pushes against the market’s current lean toward an October hike, creating a divergence ...
PBOC is expected to set the USD/CNY reference rate at 6.7752 – 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), ...
Brazil central bank cuts rates but warns fiscal stimulus may blunt monetary policy
The unanimous cut was fully priced and the BRL reaction will hinge on the tone around future easing rather than the d ...
Warsh rewrites the Fed playbook as FOMC holds rates and signals hikes ahead
The hawkish tilt in the dot plot, with the median 2026 funds rate projection rising to 3.8% from 3.4%, pushed short-t ...
Trump on the Fed raising rates: It could happen
Rate hikes “could happen”It’s alright that the Fed held rates, whateverEvidently, it’s not il ...
Warsh Q&A: I see no reason to revisit 2% inflation goal until we have delivered
My expectation is the task forces will begin work ‘in the next couple weeks’Most or all will conclude by ...
Fed Chair Warsh: We recognize that inflation has been running “well ahead” of 2%
Economic activity expanding at a solid paceMembers are unanimous that this committee will deliver price stabilty
The full FOMC statement from the June 2026 meeting.
The full statement from the June 2026 Fed rate decision:June 17, 2026Federal Reserve issues FOMC statementFor release ...
FOMC June 2026 dot plot sees end of year target at 3.8% vs 3.4% in March 2026
The dot plot from Federal Reserve members outlining the projection for rates at the end of 2026, 2027 and 2028. At th ...
Federal Reserve rate decision: No change to the Fed funds target, as expected
Fed funds target unchanged at 3.50-3.75%, as expectedVote was unanimousStatement says economic activity is expanding ...