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Fed rate cuts only bullish for base metals if demand picks up
The recent pause in the rally of base metals is attributed to a combination of factors, including sluggish growth in China and a weakening US economy, said
BoC Minutes: Members see risk consumers could be significantly weaker than expected in 2025 and 2026
According to the Bank of Canada's (BoC) minutes from a recent meeting that was released Wednesday, the governing council saw the risk that consumer spendin
BoJ’s Uchida: Will keep a close eye out on moves amid massive market volatility
After creating havoc in the Japanese Yen markets, Bank of Japan (BoJ) Deputy Governor Shinichi Uchida is back on the wires now, via Reuters, commenting on
RBA Interest Rate Preview: To hold or not to hold
Interest rate in Australia is expected to remain unchanged in August. Reserve Bank of Australia Governor Michele Bullock speech could shed light on the Boa
Fed higher for longer stance may force intermeeting cuts: Evercore ISI
Investing.com -- The longer the Fed clings onto its higher for longer policy stance, the greater the risk that it may fall behind the curve and be forced t
Fed's Goolsbee: If economy deteriorates, Fed will fix it
In an interview with CNBC on Monday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted that there is a lot going on in the world, which
Wall Street strategists rush to adjust Fed calls after a weak jobs report
The latest Non-Farm Payrolls (NFP) report revealed a gain of 114,000 jobs in the past month, falling short of economists' expectations and sending stocks l
RBA no longer expected to hike rates in 2024, but cuts also unlikely- Rabobank
The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank
Fed to cut in September, December, Macquarie says, amid fresh recession jitters
The Federal Reserve is widely expected to deliver its first rate cut next month and followed it up by cutting again in December to ensure the economy remai
Fed keeps rates steady, but acknowledges inflation progress
Investing.com -- The Federal Reserve left interest rates unchanged Wednesday, but acknowledged recent progress on inflation and cooling in the labor market
Fed Chair Powell's speech 'firmly risk positive': Evercore
Federal Reserve Chairman Jerome Powell indicated a potential interest rate cut in the upcoming September meeting, a move that has been widely expected.
CAD: 25bp cut by the BoC today – ING
We expect the Bank of Canada to cut the policy rate by 25bp today.
Market focused on 'dovish FOMC trades' before shifting to election trades - Citi
The testimony from Powell and the June consumer price index (CPI) data have solidified the likelihood of a dovish rate cut in September, indicating that th
What will Fed Chair Powell say this week?
Federal Reserve Chair Jerome Powell is set to deliver his semi-annual Congressional testimony this week, and while no groundbreaking news is expected, his
FOMC Minutes: Seeking more evidence of easing inflation amidst rising growth and labour concerns – UOB Group
The key takeaway from the US Federal Reserve’s (Fed) minutes of its 11/12 Jun 2024 Federal Open Market Committee (FOMC) meeting, was the Fed policymakers’
Federal Reserve still waits for economy slowdown – UBS
US markets are closed as the country celebrates its attempt to escape rule by a monarch. There has been media speculation about US President Biden’s candid
Fed's Barkin: Will proceed deliberately on policy
Richmond Federal Reserve President Thomas Barkin said on Friday that he will proceed deliberately on monetary policy while delivering prepared remarks at t
Rate-cutting cycle to be deeper than expected as global disinflation underway: UBS
Investing.com -- Central banks around the world have kicked off the rate-cutting cycle that will likely end with global rates much lower than expected, UBS
Gold plunges as USD soars amid Fed’s hawkish rhetoric
Gold price tumbled after reaching a weekly high of $2,334 and fell as the Greenback staged a recovery underpinned by a minimal rise in US Treasury bond yie
RBA's Kent: Not ruling anything in or out for interest rates
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent crossed the wires in the last hour, saying that the recent data reinforce the need to b
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