News
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President Trump: Our Fed rate is at least 3 points too high
Another round of the White House-Federal Reserve dispute saw President Donald Trump urge the Fed to decrease its interest rate by a minimum of 3 percentage points, reiterating his request for the bank to lower rates to alleviate the cost of servicing the nation's debt.Fxstreet
Wed, Jul 9
Bailey speech: Higher uncertainty is delaying investment decisions
While presenting the Financial Stability Report on Wednesday, Bank of England (BoE) Governor Andrew Bailey noted that firms are telling them that higher uncertainty is delaying investment decisions, including capital raising, per Reuters.Fxstreet
Wed, Jul 9
FOMC: How many July dissents? – Standard Chartered
Market expects a dovish hold in July, with Fed Chair Powell hinting at a September cut. Vice Chair Waller and Governor Bowman’s comments in June increase the risk of two dissents. Dissents would raise the possibility of a more divided and perhaps more politicised FOMC in the future.Fxstreet
Wed, Jul 9
Fed minutes likely to shine light on divide over tariffs, rates outlook
Minutes of June 17-18 meeting to be released at 2 p.m. EDT (1800 GMT)Projections at meeting showed split over coming rate cutsTrump's tariff policy remains unsettledBy Howard Schneider WASHINGTON, July 9 (Reuters) - The minutes from the Federal Reserve's June 17-18 policy meeting are expe...Reuters
Wed, Jul 9
POLL-China's June lending seen tripling as trade truce holds
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNMSM2%3DECI money supply poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=CNNYL%3DECI new loans poll dataJune new loans seen at 1.8 trln yuan vs 620 bln yuan in MayJune M2 growth seen at 8.1%...Reuters
Wed, Jul 9
Greek EU-harmonised inflation rises to 3.6% y/y in June
July 9 (Reuters) - Greece's annual EU-harmonised inflation accelerated to 3.6% in June from 3.3% in May, data showed on Wednesday.Month-on-month consumer inflation rose by 1.3%The cost of food and non-alcoholic beverages rose 2.6% year-on-year in June, with prices of housing up by 9.2%, the data...Reuters
Wed, Jul 9
BOJ will hold off rate hikes until March due to US tariff hit, ex-policymaker says
Conditions for rate hike this year crumbling due to US tariffsNext BOJ rate hike likely delayed to March or next fiscal yearBoard seen cutting growth forecasts at July 31 meetingBOJ eventually hopes to hike rates to 1-1.5%, Sakurai saysBy Leika Kihara and Takahiko Wada TOKYO, July 9 (Reuters) - T...Reuters
Wed, Jul 9
BOJ will hold off rate hikes until March due to US tariff hit, ex-policymaker says
Conditions for rate hike this year crumbling due to US tariffsNext BOJ rate hike likely delayed to March or next fiscal yearBoard seen cutting growth forecasts at July 31 meetingBOJ eventually hopes to hike rates to 1-1.5%, Sakurai saysBy Leika Kihara and Takahiko Wada TOKYO, July 9 (Reuters) - T...Reuters
Wed, Jul 9
China: CPI mildly positive after four preceding months of deflation – UOB Group
China’s Consumer Price Index (CPI) turned mildly positive in Jun after declining from Feb till May. Headline CPI rose 0.1% y/y (Bloomberg est: -0.1%; May: -0.1%). Core CPI (excluding food & energy) edged up slightly to 0.7% y/y from 0.6% y/y in May.Fxstreet
Wed, Jul 9
