News
Important Only
RBNZ’s Conway: OCR forecasts indicate another 75 basis points (bps) easing
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway noted on Friday, “Official Cash Rate (OCR) forecasts indicate another 75 basis points (bps) easing.” Additional quotes New Zealand Dollar (NZD) drop will boost export revenues.
Fxstreet
Fri, Feb 21
Japan's core inflation hits 19-month high, keeping alive BOJ rate-hike bets
Jan core CPI rises 3.2% yr/yr vs forecast +3.1%Index excluding fuel up 2.5% yr/yr, fastest since March 2024Data underscores rising price pressures as costs increaseAdds graphic, market reaction, analyst quote, details; paragraphs 2,4,6,11-12By Leika Kihara TOKYO, Feb 21 (Reuters) - Japan's co...Reuters
Fri, Feb 21
BoJ’s Ueda: From a long-term perspective, rising rates will help improve financial institutions' profits
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that “from a long-term perspective, rising interest rates will help improve financial institutions' profits.” Additional quotes BoJ’s massive monetary easing, including yield curve control (YCC), was a necessary process towards achieving our price target.
Fxstreet
Fri, Feb 21
Japan's factory activity shrinks for 8th straight month, PMI shows
TOKYO, Feb 21 (Reuters) - Japan's factory activity extended declines for an eighth straight month in February but at a slower pace, a private-sector survey showed on Friday, in a sign struggling factories may be finding their footing.While business spending was a major contribution to Japan'...Reuters
Fri, Feb 21
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
