Bank of Japan Policy Normalization The Japanese yen strengthened to the 147 range against the dollar for the first time since March 7 amidst speculation about the Bank of Japan possibly ending its negative interest rate policy. Market sentiments are…
ECB Rates on Hold with June Cuts on Table The European Central Bank (ECB) signaled a likely interest rate cut as early as June, lowered inflation forecasts, and expressed concerns about rapid wage growth potentially pushing inflation above the 2…
In-line January PCE Index Measure In January, the PCE Index experienced a 2.8% increase, reflecting moderate price growth in consumer goods and services. This uptick in the PCE Index indicates that consumer prices rose at a steady rate during the…
Fed Officials Push Back on Expectations to Cut Rates The recently released Federal Reserve (Fed) minutes from the January 30-31 meeting shed light on the current stance of Fed officials regarding interest rates. The minutes show a cautious approach by…
BOE Keeps Rates Same at 5.25 The Bank of England has chosen to maintain its main interest rate at 5.25, as confirmed in the recent statement Thursday. This decision reflects the central bank's cautious approach to monetary policy in light…
FED Reactive instead of Proactive to Data The Federal Reserve's decision to hold rates steady at 5.25 to 5.50% was expected. A rate cut in March was way too optimistic as well as the view that the FED would cut…
ECB Decision Keeps Rates on Hold The European Central Bank (ECB) recently announced its decision to keep interest rates unchanged, signaling its commitment to maintaining stability in the face of economic uncertainties. The ECB plays a crucial role in shaping…
What to Expect - December CPI Report To get a better idea of inflation in the US, it is good to compare US inflation with other major economies. The OECD CPI Data clearly shows that the food price pressue in…
The Bank of Japan (BOJ) has recently announced its decision to keep its monetary policy unchanged. This decision is of great significance as it impacts various aspects of the Japanese economy and has far-reaching implications on global financial markets. After…
Inflation Target of 2% Driving ECB Policy Following up on the FED pivot and dovish stance for 2024, the ECB pushes the narrative that it will be more cautious in its approach to the 2% inflation target. For the ECB…