Tag Archives: monetary policy easing

The Bank of Canada (BoC) is expected to deliver a major policy shift on Wednesday by cutting its key interest rate by 50 basis points, in response to mounting concerns about inflation, sluggish economic growth, and softening labor markets. Economists widely anticipate this will mark the central bank’s first outsized …

The US Dollar maintained its strength on Monday, buoyed by escalating tensions in the Middle East and supportive remarks from Federal Reserve officials. However, profit-taking activity tempered the Greenback’s gains, as investors digested positive economic news from China and its government’s stimulus measures.Geopolitical Tensions: The ongoing tensions in the Middle …

Gold is currently rallying and enjoying a resurgence in price. This report traces the intricate factors driving this rally, examining both macroeconomic fundamentals and technical indicators. Gold prices surged to a new all-time high near $2,700 on Thursday, driven by a combination of factors, including heightened uncertainty surrounding the upcoming …

Bank of Canada (BoC) Governor Tiff Macklem noted early Tuesday that the BoC will continue to carefully watch consumer conditions in Canada, reiterating that the BoC’s timing and pace of rate cuts will be dependent on data.Key highlightsWith continued progress we’ve seen on inflation, it is reasonable to expect further …

Despite his refusal to give precise timing or extent hints, Fed Chair Jerome Powell set the foundation for future interest rate reductions on Friday. During the Fed’s annual retreat in Jackson Hole, Wyoming, the Chair of the Board of Directors declared, “The time has come for policy to adjust.” This …

Fed Chair Jerome Powell is scheduled to deliver his most important speech of the year, raising concerns that the Fed may have delayed relieving pressure on the economy. In July, following the central bank’s decision to maintain interest rates, Fed Chair Jerome Powell addresses reporters at a news conference. Most …

Japan’s Prime Minister Fumio Kishida announced on Wednesday that he will step down next month, bowing to public dissatisfaction over political scandals and rising living costs that have overshadowed his three-year tenure. His resignation will trigger a leadership contest within the ruling Liberal Democratic Party (LDP) in September to choose …

Raphael Bostic, president of the Federal Reserve Bank of Atlanta, expressed concern about the current tight monetary policy, emphasizing the need for a more accommodative stance in the near future. Bostic also noted that recent inflation data has increased his confidence in the economy’s ability to achieve the 2% inflation …

In a surprising move, the Bank of Japan (BOJ) raised interest rates on Wednesday and introduced a comprehensive quantitative tightening (QT) plan, signaling a significant shift away from a decade of aggressive monetary stimulus. This decision marks a departure from market expectations, which had largely anticipated that the BOJ would …

A sense of urgency is building within the halls of the Bank of Japan (BOJ) as the nation grapples with surging inflation and a weakening yen. The once-unthinkable prospect of raising interest rates is now at the forefront of policy discussions, with recent meeting summaries revealing a growing consensus among …