Central Banking Series

Fed's Evolving Role: Balancing Market Stability and Moral Hazard

Oct 30, 2024 06:43 am UTC| Economy Central Banks

The Feds Expanding Role The Federal Reserve (Fed) is increasingly moving beyond its traditional role as a lender of last resort, adapting to pressures from rising U.S. fiscal deficits driven by presidential...

Bank of Canada accelerates rate cuts, indicating enhanced confidence in inflation outlook

Oct 23, 2024 16:21 pm UTC| Central Banks

The Bank of Canada (BoC) has cutits overnight interest rate by 50 basis points to 3.75%, stressing its commitment to balance-sheet normalization. The bank highlighted a notable drop in inflation in recent months and...

Markets Weekly outlook- Anticipating change: ECB Rate cut and bank earnings take center stage

Oct 14, 2024 03:09 am UTC| Economy Insights & Views Central Banks

According to the CME Fed watch tool, market expectations for a Federal Reserve rate cut have decreased from 97% to 87% due to mixed U.S. economic data. The European Central Bank (ECB) is anticipated to cut rates by 25...

Fed Minutes indicate continued gradual easing of monetary policy

Oct 10, 2024 00:24 am UTC| Central Banks

The minutes of the Federal Open Market Committee (FOMC) meeting on September 17-18 indicated that, while the Committee members acknowledged a drop in inflation, they continued to view solid GDP growth and a robust labor...

RBNZ cuts rates by 50 bpbs, as expected

Oct 09, 2024 02:21 am UTC| Central Banks

As expected, the Reserve Bank of New Zealand (RBNZ) lowered interest rates by 50 bpbs to 4.75%. The RBNZ said that it is appropriate to cut the rate by 50 bpbs to achieve and maintain low and stable inflation. The...

Markets Brace for Key Jobs Report, Powell’s Remarks, and Q4 Turbulence

Sep 30, 2024 03:15 am UTC| Economy Central Banks

The Federal Reserve kicked off its rate-cutting cycle earlier this month with a 50-basis-point cut. The upcoming October nonfarm payrolls report, expected on Friday, will be closely watched. Economists project the U.S. to...

Central Banking Series

HSBC "ECB, 경제 지원 위해 더 빠른 금리 인하 전망"

Sep 26, 2024 22:44 pm UTC| Economy Central Banks

이번 주 초 발표된 자료에서 유로존의 비즈니스 활동이 급격하고 예기치 않게 위축된 것으로 나타났으며, 유럽의 최대 경제인 독일의 침체가 심화되고 블록 내 두 번째 경제 대국인 프랑스 역시 위축 국면에 들어섰다. HCOB의 예비...