
central bank policy
Articles related to central bank policy


Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook
EM currencies are generally ending the year on a strong footing – enjoying the benefits of lower core policy rates, a modestly weaker dollar and many offering high carry. There is a lot of focus on the renminbi at the moment and whether China's $1tr trade surplus will drive the renminbi much stronger. For today, the focus is on US jobs and eurozone PMIs

NBP Cuts Rates Again in November Amid Improving Inflation Outlook
As expected, NBP policymakers delivered their fourth consecutive 25bp rate cut in November, extending the scale of monetary easing this year to 150bp. Rate-setters reacted to lower current inflation, but may pause before a final adjustment to monetary policy. We see two more cuts in the first half of next year, with the target rate at 3.5-4% in 2026

Dollar Holds Steady Amid Quiet Consolidation; NZD and GBP React to Central Bank Moves
In a quiet week for FX markets, the dovish rate cut from the Reserve Bank of New Zealand overnight shows the importance of spare capacity in the economy as the central bank looks through a short-term rise in inflation. It looks like it's going to be a quiet day in G10 FX, although sterling and the Swedish krona will be reacting to CPI and the Riksbank

TRY Under Pressure: Political Turmoil Triggers Market Volatility Despite Central Bank Support
The other main development over the weekend was the formal arrest of Istanbul Mayor Ekrem Imamoglu who has been jailed on corruption charges on Sunday. The case has the potential to keep Imamoglu, who denies the charges, behind bars for years and prevent hm running from running against President Erdogan in the next election.

Navigating Economic Crossroads: US Non-Farm Payrolls and Services PMIs Analysis by Michael Hewson

GBP: Dovish Wage Developments Lead to Lower Sterling Prices

Bank of Japan Governor Hints at Rate Hike: A Closer Look

The Indestructible Dollar: A Quiet Start to the Week in FX Markets

Challenges Loom Over Eurozone's Economic Outlook: Inflation, Interest Rates, and Uncertainty Ahead

Assessing the Resilience of the US Economy Amidst Rising Challenges and Recession Expectations

Navigating the Path Ahead: Inflation, Catalysts, and Lessons from the 1970s

The Japanese Yen Retreats as USD/JPY Gains Momentum

Analyzing Powell's Jackson Hole Speech and Lagarde's ECB Insights: Market Insights by Michael Hewson
