News
Important Only
Fed’s Kugler: Central bank should hold policy rate in place for some time
Federal Reserve Board Governor Adriana Kugler said late Thursday that US inflation still has "some way to go" to reach the central bank's 2% target and that its path toward that goal continues to be bumpy, per Reuters.Fxstreet
Thu, Feb 20
Fed's Kugler on assessing inflation impact of tariffs: 'we have to wait'
Feb 20 (Reuters) - Federal Reserve Governor Adriana Kugler on Thursday said tariffs could put upward pressure on prices, but how much is not certain, given the policies themselves are not yet clear, nor the degree to which higher import prices will be passed on to consumers."We're looking at...Reuters
Thu, Feb 20
RBA’s Bullock: Board remains cautious about prospects for further policy easing
Reserve Bank of Australia Governor Michele Bullock said late Thursday that the central projection suggests that if monetary policy is eased too quickly or by too much, disinflation could stall and inflation would settle above the midpoint.Fxstreet
Thu, Feb 20
Australia's Judo Bank Manufacturing PMI rises to 50.6 in February, Services PMI improves to 51.4
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) rose to 50.6 in February from 50.2 in January, the latest data published by Judo Bank and S&P Global showed on Friday.Fxstreet
Thu, Feb 20
Fed should hold policy rate steady for 'some time,' Kugler says
Adds details, quoteFeb 20 (Reuters) - Federal Reserve Governor Adriana Kugler on Thursday said she believes the U.S. central bank should leave its target for short-term borrowing costs in its current 4.25%-4.50% range, where it is exerting moderate restraint on the economy and on still-elevated infl...Reuters
Thu, Feb 20
Fed's Kugler says inflation risks remain, cites economic policy uncertainty
Kugler says new economic policies' effects are uncertainSees Fed's policy rate as moderately restrictiveLabor market stable, inflation still above targetFeb 20 (Reuters) - Federal Reserve Governor Adriana Kugler said on Thursday U.S. inflation still has "some way to go" to reach the ...Reuters
Thu, Feb 20
Fed's Musalem flags risk of rising inflation expectations
Musalem warns of the risks inflation could remain highMusalem needs confidence inflation waning to support more rate cutsUpdates with further commentBy Howard Schneider and Michael S. DerbyFeb 20 (Reuters) - St. Louis Federal Reserve President Alberto Musalem on Thursday raised the twin risks of ris...Reuters
Thu, Feb 20
