Tag: “Central Banks”

The debate among top economists and Federal Reserve officials in recent weeks has subtly begun to shift from how high the central bank will be raising interest rates to how long it will be keeping them in restrictive territory.

U.S. Treasury yields climbed on Monday as investors braced themselves for comments from Federal Reserve officials and economic reports expected throughout the week.

China’s one-year loan prime rate — the peg for most household and corporate loans in China — was cut by 10 basis points from 3.55% to 3.45%, just shy of the 15 basis points that a majority of economists expected in a Reuters poll.

Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes released Wednesday from the session indicated.

Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes released Wednesday from the session indicated.

Wall Street is betting that the Federal Reserve will pause its interest-rate increases in September, and traders will be scouring the minutes from the Fed’s July 25-26 meeting for clues on the central bank’s next move.

Minneapolis Federal Reserve President Neel Kashkari on Tuesday said that while the U.S. central bank has made some progress in its inflation fight, interest rates may still need to go higher to finish the job.

The yen has been steadily weakening after Japan’s central bank had adjusted its stance on its yield curve control policy on July 28, sending 10 year Japanese government bonds to its highest levels in nine years.

The Federal Reserve won’t meet to discuss interest rates until September, but officials have been talking about what their next move could be.

Brazil’s central bank kicked off its rate-cutting cycle more aggressively than expected on Wednesday, reducing its benchmark interest rate by 50 basis points and signaling more of the same in the months ahead due to an improving inflation outlook.

Στις 5,51 εκατοστιαίες μονάδες μειώθηκε το περιθώριο επιτοκίου μεταξύ των νέων καταθέσεων και δανείων τον Ιούνιο, ενώ αντίθετα σε ό,τι αφορά τις υφιστάμενες καταθέσεις και τα υφιστάμενα δάνεια διευρύνθηκε στις 5,77 εκατοστιαίες μονάδες.

«Πλησιάζουμε στον στόχο» ο πληθωρισμός να επανέλθει στο επίπεδο περί το 2%, αφού «καλύψαμε πολύ έδαφος και προχωρήσαμε πολύ στη μάχη εναντίον του πληθωρισμού», τόνισε σε συνέντευξή της η πρόεδρος της Ευρωπαϊκής Κεντρικής Τράπεζας.

LONDON, July 28 (Reuters) – The Bank of England looks likely to raise rates by a quarter-point to 5.25% on Aug. 3, though economists and markets see a risk of a repeat of June’s surprise half-point hike as inflation remains hotter than in other big economies.

The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets.

Την ανάγκη να ακολουθήσει η Ελλάδα το παράδειγμα χωρών, όπως η Ιρλανδία, δημιουργώντας δημοσιονομικά μαξιλάρια ασφαλείας έναντι μελλοντικών οικονομικών κινδύνων τονίζει ο διοικητής της Τράπεζας της Ελλάδας κ. Γιάννης Στουρνάρας σε τηλεοπτική συνέντευξή του στον διευθυντή του Capital.gr Σπύρο Δημητρέλη.

The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75%.

The market is pricing 25 basis point hikes for the Federal Reserve and the European Central Bank, but economists will be closely scrutinizing communications on their future rate paths.

.

Central banks in Asia are likely to cut rates before the Federal Reserve, indicating a decoupling ahead, Nomura economists wrote.

The European Central Bank is being extra vigilant about any risks that could potentially drive up inflation, including profit margins.

The Federal Reserve will release the minutes from the June 13-14 Federal Open Market Committee meeting on Wednesday, July 5. They likely will focus on officials’ concerns that inflation is proving stickier than expected.