April 17 - The European Central Bank cut interest rates for the seventh time in a year on Thursday in hopes of boosting the already struggling eurozone economy, which is set to be hit hard by US tariffs. The ECB has been lowering borrowing costs as price pressures have subsided following the pandemic, while recent trade-related turmoil in global markets has added to the case for further easing. "Increased uncertainty could reduce household and business confidence, and the adverse and volatile ma...
Mr. Bostic said the Fed was expected to cut interest rates twice this year. A lot could happen in the future that could lead to more or less rate cuts. The base rate is currently in a moderate tightening state, compared with the neutral rate of 3% -3.5%. The slowdown is a major concern because of the upcoming policy changes, but businesses expect 2025 to be a solid year, and so far the economy has shown resilience.
1. Standard Chartered: expected to cut interest rates by 50BP. If the economic data is still sluggish, it may actively ease monetary policy in the second quarter in order to return to the neutral rate faster. 2. ANZ Bank: expected tomorrow may be the last interest rate cut of 50 basis points. The risk of interest rate trough tends to be less than 3.5%. The statement is expected to show confidence in inflation. 3. Westpac Bank: expected to cut interest rates by 50BP. The pace may slow down after ...
1. Federal Reserve Chairperson Powell: The Federal Reserve does not need to rush to cut interest rates. 2. Analysts: Powell's remarks are slightly hawkish, and the Federal Reserve is unlikely to change its position in the future. 3. US Treasury cuts the scale of treasury securities invite tenders, and the debt ceiling is topped. 4. Central Bank: invite tenders to issue the second and third installments of central bank bills in 2025. 5. In 2024, the bond financing in the interbank market of Hubei...
Powell said the Federal Reserve is not in a hurry to cut interest rates, which reignited market demand for the dollar. The US index currently maintains a high range of fluctuations, and CPI data may help it achieve a breakthrough.
Analysts say the market for counterfeit products barely reacted after Federal Reserve Chairperson Jerome Powell expressed doubts about the possibility of further rate cuts this year. The crypto market may have bottomed out. Crypto analyst Matthew Hyland said on February 11 that the crypto market received the worst news of 2025 today, but counterfeit products have seen little to no sell-off, with some even rising. The market may have digested the expectation that the Federal Reserve will keep int...
European Central Bank Governing Council member Villeroy said that we may further cut interest rates. (Golden Ten)
The Bank of England is expected to cut interest rates by another 25 basis points this week, as policymakers weigh signs of a weakening British economy against the prospect of a short-term pick-up in inflation. Financial marekt has been betting that the Bank of England's monetary policy committee will cut the official interest rate to 4.5% on Thursday, the third cut in borrowing costs in more than half a year. But with inflation likely to pick up again in the UK and US President Donald Trump's ta...
The Federal Reserve pressed the pause button to cut interest rates, and Powell made it clear that he was not in a hurry to cut interest rates! OPEC + will discuss Trump's plan to increase U.S. crude oil production, and the London gold market is queuing up to borrow gold... What major events happened in the world last night and this morning?
When asked whether to cut interest rates in March, Federal Reserve Chairperson Jerome Powell reiterated that there was no need to rush.
Powell has repeatedly stressed that there is no rush to take action in the future. Is there still a chance to cut interest rates in March? Click to view...
On January 29, the first interest rate decision in 2025, the Bank of Canada cut interest rates by 25BP to 3.00%, in line with market expectations, for the sixth consecutive meeting of interest rate cuts, the previous two meetings have cut interest rates by 50BP.
Traders upped their bets that the ECB will cut rates by 100 basis points this year.
Citi said it now expects the Bank of England to start cutting interest rates in a row in August 2025, compared with a previous forecast for May. (Jin Ten)
Wells Fargo said it is increasingly unlikely that the Federal Reserve will cut interest rates in March.