Weekend – Hawkish ECB board member calls for further rate hikes despite Hormuz relief
Schnabel’s remarks confirm the ECB is not treating the Hormuz ceasefire as an inflation off-ramp. Her explicit ...
Fed’s Kashkari: May need to raise rates amid broad inflation
Kashkari has been beating the hawkish drum for awhile so I wouldn’t take anything away from the comment.
Th ...
How have interest rate expectations changed after this week’s events?
Rate hikes by year-endRBNZ: 55 bps (62% probability of rate hike at the next meeting)Fed: 31 bps (30% probability of ...
Tokyo core-core CPI hits 1.9% as Middle East price pressures spread beyond energy
The core-core at 1.9% against a 1.8% forecast is the most significant number in the release for BOJ watchers, as it i ...
PBOC sets USD/ CNY reference rate for today at 6.8166 (vs. estimate at 6.8015)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of ...
Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend
Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend:Topic: From Cash to Stable ...
PBOC is expected to set the USD/CNY reference rate at 6.8015 – 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), ...
Goolsbee flags labour market and warns Fed credibility at risk from bad guidance
Goolsbee’s remarks reinforce a Fed in no hurry to move in either direction. A labour market where both hiring a ...
BOJ front-loading now in play as AI demand and inflation risks build
Analysts at Daiwa frame the debate as having moved from “whether to hike” to “how much and how quic ...
ICYMI: NY Fed Williams delays 2% inflation target to 2028, sees policy well positioned
Williams’s remarks (here, earlier) reinforce a higher-for-longer rate posture, with the Fed’s preferred i ...
Fed’s Williams says he pushes back hitting 2% inflation target to 2028 from 2027
Reiterates monetary policy ‘well positioned’ for current economyExpects inflation to moderate to 3.5% thi ...
Fed’s Goolsbee: Inflation is going the wrong way
Comments from the Chicago Fed President:Inflation side of the mandate is clearly the problemPCE report wasn’t a ...