Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high
Jun 20, 2024 05:39 am UTC| Insights & Views Central Banks Economy
These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail as is every word uttered at her press conference after each Reserve Bank board meeting. Desperate...
Inflation is cooling, but not fast enough for the Fed
Jun 13, 2024 06:02 am UTC| Insights & Views Economy Central Banks
It was a double-whammy Wednesday for economic-data enthusiasts. During the morning of June 12, 2024, the Bureau of Labor Statistics published its latest inflation figures. The news was relatively good, showing that...
May 15, 2024 07:52 am UTC| Economy Central Banks
Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...
If the RBA’s right, interest rates may not fall for another year. Here’s why.
May 08, 2024 11:04 am UTC| Economy Central Banks
The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...
The yen plunges to 34-year low despite interest rate hike
Apr 17, 2024 09:46 am UTC| Insights & Views Economy Central Banks
The Bank of Japan (BoJ) raised interest rates for the first time in 17 years on March 19, bringing an era of negative interest rates to an end. The key rate was hiked from 0.1% to a band from zero to 0.1% a token effort...
FxWirePro- Central Bank Bonanza
Dec 11, 2023 02:47 am UTC| Central Banks
Dec 13th, 2023, FOMC statement (7:00 pm GMT) Dec 14th, 2023, SNB monetary policy (8:30 am GMT) ECB monetary policy statement (1:15 pm GMT) BOE Monetary policy (12:00 pm GMT) FOMC- The...
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely
Dec 06, 2023 07:57 am UTC| Economy Central Banks
If youre looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesdays board meeting, saying: the latest monthly...
Donald Trump Mocks Kamala Harris with Shocking Nickname: 'I Couldn't Care Less If I Mispronounce It'