Westpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cut
Westpac economists are confident the Reserve Bank of Australia will leave the cash rate unchanged at its next policy meeting on 1 April, describing the...
Tag : Rate
Musalem cracks open the door to Federal Reserve rate hikes
Alberto G. Musalem The Fed’s Musalem is a hawk so it’s not shocking that he is mentioning rate hikes but it’s the first utterance of...
Iceland Jobless Rate Rises To 5.5%, Highest In 40 Months
Iceland’s jobless rate increased further in February to the highest level in more than three years, figures from Statistics Iceland showed on Wednesday. The jobless...
Traders increase bets for BoE rate cut at the May meeting after the UK CPI release
Rate cuts by year-end Fed: 62 bps (85% probability of no change at the upcoming meeting) Following the weak US consumer confidence report, traders increased...
ECB's Panetta says must remain pragmatic and data-driven in setting policy rate
ECB should now focus more on inflation expectations than estimated neutral level in setting rates As inflation falls and rates near neutral, uncertainty becomes more...
PBOC sets USD/ CNY central rate at 7.1754 (vs. estimate at 7.2559)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB)....
PBOC is expected to set the USD/CNY reference rate at 7.2559 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting...
Polish Jobless Rate Remains Stable At 3.4%
The unemployment rate in Poland remained stable in February after rising in the previous three months, figures from the statistical office showed on Monday. The...
ECB's KažimÃr: We are open to discuss a rate cut or pause in April
They’re still not really giving anything away for the time being. The next Eurozone CPI report on 1 April and Trump tariffs on 2 April...
Traders shrink bets on Fed rate cuts following the US PMIs
Rate cuts by year-end Fed: 59 bps (85% probability of no change at the upcoming meeting) ECB: 50 bps (70% probability of rate cut at...