Central Banks

More from BOE Pill: Chances of inflation getting embedded in UK is higher than Europe

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More from BOE's Pill saying:Meanwhile UK CPI inflation is up at 10.5% with core inflation at 6.3%. The next CPI data will be released on February 15th ADVERTISEMENT - CONTINUE READING BELOW Tags ADVERTISEMENT - CONTINUE READING BELOW Most Popular ADVERTISEMENT - CONTINUE READING BELOW ADVERTISEMENT - CONTINUE READING BELOW

BOE Pill: We are prepared to do more to get inflation back to target

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BOE Pill is speaking:We are prepared to do more to get inflation back to targetChanging 2% inflation target would not be a great ideaThe GBPUSD has moved to a new recession low and in the process as entered into the swing area between 1.1991 and 1.2010. Dip buyers can lean against the low of the…

BOC survey sees negative GDP growth in 2023 with rates falling 50 bps by year end

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Median GDP for 2023 at -0.4%GDP of +2.0% in 2024Accumulated savings and commodity prices are main upside risksWeaker housing and tightening financial conditions are main downside risksMedian CPI forecast of 2.9% this year and 2.2% in 2024Median response for year-end BOC overnight rate is 4.00% (currently at 4.50%)Median response for Q4 2024 is 3.00%CAD/USD seen…

ECB's Kazaks: There will be a 50 bps rate hike in March barring significant data shock

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If they actually end up walking back on their 50 bps rate hike commitment, markets are going to have a field day and I can't imagine there being a worse communication failure on the part of the ECB. Core inflation remains high and that will be reason enough to seal this move but this sort…

ECB's Holzmann: The risk of doing too little dwarfs risk of overtightening policy

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Bank of England's Mann is speaking on Monday, 6 February 2023 -

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Coming up at 0840 GMT, which is 3.40am US ET: Catherine Mann, Monetary Policy Committee of the Bank of England speaks at Lamfalussy Lectures Conference 'New dimensions of central banking in the post-covid era'The calendar lists Mann as speaking twice today. I haven't seen the second speech listed anywhere else so I suspect its going…

BOJ's Kuroda: CPI sustainable at 2%, accompanied by wage growth, has not yet been achieved

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Bank of Japan Governor Kuroda Japan has yet to achieve situation where inflation stably, sustainably achieve 2% target accompanied by wage growthThere was no other monetary policy means BOJ could have taken to achieve 2% inflation in stable, sustained fashionKuroda is speaking in Japan's parliament today.

BOJ Kuroda says will seek to hit 2% inflation in a stable & sustainable manner

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Japan senior official says no truth that Amamiya sounded out for BOJ Gov position

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more to come Japan deputy chief cabinet secretary Isozaki statement:No truth to reports BOJ Read this Term deputy gov Amamiya sounded out for the next BOJ governor job ICYMI, this from earlier:Speculation regarding BOJ Dep Gov Amamiya being approached to become the new gov. once Kuroda's term expires on April 8:USD/JPY down a little on…

PBOC sets USD/ CNY reference rate for today at 6.7737 (vs. estimate at 6.7755)

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…