According to the Wall Street Journal, US President Donald Trump said he was unlikely to approve another 90-day suspension of tariffs. "Hopefully we'll be able to make trade deals with a range of countries," Mr. Trump told reporters on Air Force One. "We'll be reasonable."
According to the Wall Street Journal, US President Donald Trump said he was unlikely to approve another 90-day suspension of tariffs. "Hopefully we'll be able to make trade deals with a range of countries," Mr. Trump told reporters aboard Air Force One. "We'll be reasonable."
In his speech, Shinichi Uchida, deputy governor of the Bank of Japan, suggested that the base rate would still be gradually raised, which may calm speculation about an early rate hike. "If the economic outlook materializes, the Bank of Japan will continue to raise policy rates and adjust the degree of monetary easing accordingly," Mr. Uchida said in a speech to business leaders on Wednesday. "The key point of the outlook in this regard is that the central bank is expected to achieve 2%...
Bowman, the governor of the Federal Reserve, said that the low level of liquidity in the US Treasury market may be the result of regulation.
Trump claims he "knows more" about interest rates than the Federal Reserve, but his policies could exacerbate price increases. Click to view...
Standard Chartered believes that OPEC + is unlikely to give in to Trump's pressure. Click to view...
The change in US Treasury leadership could change the department's attitude towards cash held at the Federal Reserve, with strategists warning that the move could affect the US bond market. Bank of America and Wrightson ICAP LLC, among others, said the Treasury could reduce the amount of money held in Fed accounts as the cash balance - the cushion that ensures the US can pay its bills - shrinks. This would allow the government to issue fewer short-term bonds and further...
Bank of Japan: After raising interest rates on Friday, monetary policy conditions are likely to remain accommodative.
Pimco's chief investment officer expects the Federal Reserve to be more likely to act only after Trump's policies are clear, and is currently actively allocating U.S. Treasuries. Click to view...
In addition to the potential for downward pressure on spending and prices from several of Trump's signature policies, there is also a good reason to think that a Trump victory would reduce long-term inflation... click to view
Fed's Schmid: Interest rate policy may be "close" to what is needed in the long run.
Foreign 1. Bank of America: The dollar may remain strong in the short term, but is expected to weaken in the second half of the year. 2. Deutsche Bank: Central bank gold purchases have a greater influence on the trend of gold prices. 3. Wells Fargo: The Federal Reserve may not place too much emphasis on inflation caused by Trump's tariff policy. 4. Scotiabank: Canada must be ready to escalate its response to Trump's tariff threat. 5. Capital Economics: Inflation is driven by goods rather than se...
The Trump administration's aggressive tariff policies could lead to further inflation, but economic models suggest it will be a one-off increase in the price level rather than a long-term inflationary spiral. That could convince the Fed to be more patient in dealing with tariff-induced inflation, especially as the labor market continues to slow, said Jay Bryson, an economist at Wells Fargo. His view supports Wells Fargo's benchmark forecast that the Fed will cut interest rates three more times t...
Analysts are not optimistic about Bitcoin's recent rally and predict that it may usher in another sell-off in the short term, focusing on two supports...
Barclays said one of the factors why US interest rates are likely to remain high is US (inflation) policy. At the December meeting, some FOMC participants apparently began to reflect expectations of tariffs in their inflation forecasts. Moreover, even among those who have not adjusted their official forecasts, many now believe that the balance of inflation risks is tilted to the upside. Although Powell did not specify...