Sign in Subscribe

Central Bank

US Disinflation Stalls, Highlighting Tough Road Ahead

US inflation likely remained stagnant in October, highlighting the uneven pace of easing price pressures as the Federal Reserve aims to return inflation to its target, reports Bloomberg. The core consumer price index (CPI), which excludes food and energy, is projected to have risen at the same pace on both

BOJ Policymakers Divided on Pace of Rate Hike

The Bank of Japan (BOJ) remains divided on the appropriate timing for raising interest rates, according to a summary of opinions from its October policy meeting released on Monday, reports Reuters. Several board members expressed concern about the potential for renewed market volatility if rates are raised too quickly. They

Fed Cuts Rates But Trump's Re-Election Casts Shadow Over Future Policy

The Federal Reserve on Thursday lowered interest rates by a quarter percentage point, marking the second consecutive rate cut as the central bank continues to support the US economy. However, the re-election of Donald Trump, known for his criticism of the Fed and his potential to influence monetary policy, has

BOJ Expected to Keep Rates Steady

The Bank of Japan (BOJ) is set to maintain its ultra-low interest rate policy at its upcoming meeting on October 30-31, but may signal a less dovish stance, reports Reuters. This shift could be driven by receding fears of a US recession and the need to prevent further yen depreciation.

Delayed Fed Rate Cuts Raise Credit Risks and Spillover Concerns, S&P Global Warns

S&P Global has pushed back its forecast for the first Federal Reserve rate cut to December 2024, citing persistent inflation and unexpectedly strong economic data. This delay in easing monetary policy raises concerns about elevated credit risks in the US and potential spillover effects on other economies, particularly
Delayed Fed Rate Cuts Raise Credit Risks and Spillover Concerns, S&P Global Warns

Jobs Report Fuels Market Optimism: UBS

The weaker-than-expected April jobs report has sparked optimism for a soft landing in the US economy, prompting UBS to reiterate its positive outlook for quality bonds and quality stocks. Friday's report showed a smaller-than-anticipated increase in employment growth, alongside moderating wage growth and a slight uptick in the

Advanced Economies Navigate Away from Immediate Stagflation Threat: BNY Mellon

Despite concerns over recent economic data, advanced economies appear to be moving away from the immediate threat of stagflation, according to a new report by BNY Mellon. The report highlights positive trends in real wage growth and productivity, suggesting a more favorable economic environment compared to the previous year. The

US Economy Shows Signs of Cooling, But Stubborn Inflation Keeps Fed on Hold

The US economy is exhibiting signs of moderation, with a still-robust but cooling labor market and persistent inflation pressures, according to a research report by Wells Fargo. This dynamic supports the Federal Reserve's patient approach to monetary policy, as the central bank opted to keep interest rates unchanged

Slower Rate Cuts Expected Across Asia-Pacific and Emerging Markets

The prospect of delayed US interest rate cuts by the Federal Reserve is poised to have significant implications for monetary policy and exchange rates across Asia-Pacific (APAC) and emerging markets (EMs), according to a recent report by S&P Global. Asia-Pacific: Slower Pace of Rate Reductions Central banks in

S&P Global Pushes Back Fed Rate Cut Expectations

S&P Global has revised its forecast for the Federal Reserve's interest rate path, delaying the anticipated timing of the first rate cut to December 2024. This shift in expectations, driven by persistent inflation exceeding the Fed's target, could have significant spillover effects on global
S&P Global Pushes Back Fed Rate Cut Expectations