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Fed’s Musalem: Easing tariff impact will help lower inflation
Alberto Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, said in an exclusive note he gave on Wednesday that the Oil shock caused by the Middle East war is likely feeding core inflation, he expects it to be near 3% throughout the year.
Fxstreet
Wed, Apr 15
KRW: Tech cycle and NPS hedging shift back bullish case – MUFG
MUFG’s Senior Currency Analyst Michael Wan argues that KRW could outperform in a de-escalation scenario despite vulnerability to prolonged conflict and higher Oil prices. The bank expects the strong AI and technology cycle to continue supporting South Korea.Fxstreet
Wed, Apr 15
ECB’s Nagel: As long as Hormuz is not resolved, the danger of higher inflation rises
Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB) spoke in an interview with Bloomberg on Wednesday. He said that questions about the Strait of Hormuz are essential, as we're between the baseline and an adverse scenario.Fxstreet
Wed, Apr 15
Fed’s Hammack: High energy could bring inflation but could also weigh on growth
Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, told CNBC in an interview on Wednesday that the key data to watch out for is how high energy prices get, but most importantly how long they stay high.Fxstreet
Wed, Apr 15
Japan: Higher inflation and weaker growth outlook – Standard Chartered
Standard Chartered revises its Japan macro outlook, cutting 2026 Gross Domestic Product (GDP) growth to 0.7% and raising Consumer Price Index (CPI) inflation to 2.0% on a worsening terms-of-trade shock from higher Oil and a weak Japanese Yen (JPY).
Fxstreet
Wed, Apr 15
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