For reference: The FOMC statement from the April 28-29 meeting
It’s always a good idea to read the FOMC statement one last time before the new one is released. You can be sur ...
FOMC preview: Why this is one for the headline traders
Today’s is the big debut for new Fed Chairman Kevin Warsh, as he wraps up a two-day meeting with the FOMC.The r ...
ECB’s Sleijpen: A repeat of 2022 inflation appears less likely but can’t be excluded
For monetary policy, the key issue is the risk of second round effectsMarket expectations point to a declining path f ...
Fed preview: Warsh is the noise, the Board is the signal
The FOMC is widely expected to keep the federal funds rate unchanged at 3.50-3.75% and remove the easing bias from th ...
ECB policymaker Simkus sees at least one more rate hike ahead
I see at least one more rate increaseIt’s important to cap inflation expectationsECB’s Simkus expects the ...
PBOC governor Pan Gongsheng signals slower credit growth and offshore FX push
Pan Gongsheng’s explicit statement that maintaining China’s previous credit growth pace is both difficult ...
PBOC sets USD/ CNY mid-point today at 6.8096 (vs. estimate at 6.7569)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.more to come
T ...
Japan exports beat forecasts in May at fastest pace since late 2022
The ninth consecutive month of export growth reinforces the case for the BoJ to continue its gradual tightening path, ...
PBOC is expected to set the USD/CNY reference rate at 6.7659 – 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), ...
One more ECB hike seen in September before rates plateau through 2027
The ECB’s first rate increase since 2023 was largely anticipated, but the upward revision to inflation forecast ...
Yen stays weak after BoJ hike as analysts eye intervention risk
The yen’s inability to rally on the back of a rate hike underscores how deeply entrenched bearish positioning h ...
New Zealand consumer confidence drops to lowest since 2023, survey shows
The sharp deterioration in New Zealand consumer confidence adds to the pressure on the RBNZ as it weighs further rate ...