News list for " Reserve Bank"
The Reserve Bank of India is likely to cut interest rates in June, having previously been forecast for August, Barclays economists said in a note. India's April-June average inflation rate is expected to be around 3.0% -3.1%, well below the Reserve Bank of India's 3.6% forecast, which could prompt it to cut interest rates for the third time in a row at its June meeting. While the sequential slowdown in food prices may be coming to an end, overall price pressures remain under control and the May ...
The governor of the Reserve Bank of India has announced that comprehensive regulations will be introduced on loans made with gold as collateral.
Federal Reserve meeting notes: Several participants said it may be appropriate to consider suspending or slowing down balance sheet reductions until the debt ceiling issue is resolved.
Federal Reserve policymakers said at a meeting about a week after Trump's inauguration on January 20 that Trump's initial policy recommendations raised concerns about rising inflation at the central bank. According to published meeting notes, participants "generally pointed to upside risks to the inflation outlook" rather than risks to the job market. "Participants specifically cited potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply ...
The Reserve Bank of New Zealand will release its interest rate decision and monetary policy statement in ten minutes.
Federal Reserve Governor Paul Waller will speak on the economic outlook in ten minutes.
Federal Reserve Governor Paul Waller: The recent consumer price index has been disappointing, but this may be due to seasonal adjustment issues.
Federal Reserve Governor Paul Waller: Expect continued inflation and interest rate cuts this year.
Fed Governor Paul Waller said in a speech that stablecoins are like a synthetic dollar, and if they can make payments faster and cheaper, I agree. Regulation of stablecoins is urgently needed, and the sooner the better. Stablecoins will allow the dollar to further strengthen its position as a reserve currency.
Federal Reserve Governor Jefferson: There is no need to rush to cut interest rates further. The strong economy makes it appropriate to respond cautiously.
According to CME "Fed Watch", the probability that the Fed will keep interest rates unchanged this week is 99.5%, and the probability of a 25 basis point cut is 0.5%. The probability of maintaining current interest rates unchanged in March is 71.6%, the probability of a cumulative 25 basis point cut is 28.2%, and the probability of a cumulative 50 basis point cut is 0.1%.
Citi said it expects the Reserve Bank of Australia to hold its ground in February and cut interest rates for the first time in May. It is expected to cut interest rates by a total of 75 basis points this year. (Jin Ten)
Fed's Schmid: Interest rate policy may be "close" to what is needed in the long run.
Nick Timiraos, the Fed's megaphone, pointed to Fed meeting notes as further evidence that officials are broadly willing to keep rates on hold at their upcoming meeting at the end of the month. "Participants indicated that the committee is at or near the appropriate level to slow the pace of policy easing," the meeting notes said. Based on their current outlook for economic activity, officials believe the Fed is likely to continue cutting rates at a slower pace than in recent months.
Fed meeting notes: Participants said that if the data performed as expected, it would be appropriate to continue the gradual move towards a more neutral policy stance.
