Tag: Interest rates

The focus for investors today is on the US core PCE price index, a key inflation indicator. The broader markets are hoping for a break today after a tough week, but all eyes are...

Japan's Tokyo consumer price index (CPI) core, excluding food, rose slightly from 2.1% year-on-year to 2.2% year-on-year in July, meeting market forecasts. This is the third consecutive month of acceleration, rebounding from a drop...

The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT) will continue. In the statement released by the Bank, a...

The Chicago Federal Reserve's National Activity Index (CFNAI) is a key indicator of economic activity and inflationary pressure, based on 85 monthly indicators. In June, the CFNAI fell to +0.05 from +0.23 in May,...

The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of growth and inflation in the US. The upcoming Preliminary GDP...

Congress has given the Federal Reserve a dual mandate to focus on "maximum employment" and "price stability." In recent years, the focus has been on the latter due to high inflation rates. However, there...

Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a further increase as long as the minor support level of...

The upcoming week is packed with important economic events that could impact global markets. Here's a breakdown of some key events to keep an eye on:PBoC LPR (Mon): The People's Bank of China is...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...

Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions. One key event is the release of the first estimate...

Macquarie analysts have recently warned about the potential risks of the United States adopting populist economic policies, which they have dubbed "popunomics." According to these analysts, the traditional "neoliberal vision" of economic policy management...

China's Monetary Policy Framework Reforms: What You Need to KnowThe Governor of the People's Bank of China, Pan Gongsheng, recently gave a speech at the Lujiazui Forum where he discussed China's monetary policy framework....

In a recent speech, Fed Governor Adriana Kugler highlighted the ongoing trend of decreasing inflation across various price categories. Despite some challenges earlier in the year, she mentioned that supply and demand are gradually...

Federal Reserve officials will be speaking on Wednesday, July 17, 2024, to provide updates on the economy. Thomas Barkin, President of the Federal Reserve Bank of Richmond, will be sharing his thoughts on the...

The International Monetary Fund (IMF) recently issued a warning about the increasing risks of inflation, which could impact the possibility of multiple interest rate cuts by the Federal Reserve this year. According to the...

The Bank of Canada is set to meet on July 24, and many economists are predicting a rate cut. This prediction is further supported by the fact that interest rate derivatives are now indicating...

The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This news comes amidst expectations of no change to the rate...

The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at 1.2298. As we look ahead to the coming week, the...

The Dollar saw a significant decline last week as market expectations for the Federal Reserve’s policy shifted, making a rate cut in September almost certain. The US CPI report indicated a cooling economy and...

JPMorgan Chase CEO Jamie Dimon recently shared his concerns about inflation and interest rates during an interview on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland. Despite some progress...

In the United States, inflation has decreased more than expected in June, increasing the likelihood of a rate cut in September. This news comes after Federal Reserve Governor Lisa Cook mentioned that a "soft...

Last week, the US saw a significant selloff in mega-cap tech stocks following lower-than-expected inflation data. This led to a shift towards riskier areas of the market, with the Russell 2000 emerging as the...

The European Central Bank (ECB) is set to conclude its two-day policy meeting on Thursday. It is not expected to make any changes to interest rates after a 25 basis point cut last month....

It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas situation are ongoing, the focus has shifted towards political risks...

The upcoming ECB meeting is expected to be a review meeting rather than one where new policies are announced. Lagarde has emphasized that data on profits, wages, and productivity will be crucial factors, but...

Central banks play a crucial role in maintaining price stability within a country or region. This is achieved by managing inflation and deflation through the adjustment of the policy rate. For major central banks...

The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve to reduce interest rates in the upcoming months. The report...

The Reserve Bank of New Zealand decided to keep its cash rate on hold at 5.5%, as most people expected. After the announcement, the NZD/USD dropped, hinting at a potential rate cut in the...

The AUD/NZD pair saw a significant surge to 1.1090, reaching multi-year highs, following the recent decision by the Reserve Bank of New Zealand (RBNZ). The RBNZ opted to keep the Official Cash Rate (OCR)...

The AUD/USD pair is currently trading near 0.6750 as investors await the release of the US Consumer Price Index (CPI) data for June. This data will provide insights into when the Federal Reserve (Fed)...

Westpac recently responded to the Reserve Bank of New Zealand (RBNZ) statement, noting that it came as a surprise to the markets due to its dovish tone. Contrary to expectations that the brief statement...

Federal Reserve Chairman Jerome Powell recently addressed Congress in his semiannual testimony, discussing risks beyond just inflation that the Fed is considering. While he emphasized the importance of not cutting interest rates until there...

Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve will cut interest rates in September. This news has caught...

Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market drops a few percent. But corrections are actually necessary and...

Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended periods on economic growth. He highlighted the strength of the...