Forex News
Fed Stein: Reserves Not Inflation Threat If Hike Rates Enough
Federal Reserve Governor Jeremy Stein said Wednesday that the large amount of bank reserves does not pose an inflation threat – provided the Fed is willing to raise interest rates soon enough and high enough.
Economy Watch – Giddy TWI Blurs Inflation Incline
Q1 CPI inflation at +0.3% q/q and +1.5% y/y came in lower than market and RBNZ expectations of +0.5% and +1.7%. This is meaningful to the extent that the starting point of inflation is lower than
CPI Preview – QI 2014
The recent run of activity data has confirmed the desired growthtransition from mining capex to residential construction and non-miningbusiness investment is underway.
US Treasury’s FX Report Presses China to Resume RMB Appreciation
The Treasury Department late Tuesday used its latest semiannual report on currency regimes to press China to resume appreciation of the renminbi and to let the world know its intentions about currency management.
Fed Rosengren: Economy Not Yet On Path To 2% Inflation Target
Federal Reserve Bank of Boston President Eric Rosengren Tuesday said the U.S. economy is not yet on the path towards 2% inflation, the central bank’s price stability target,
RBA confirms “neutral bias” and “period of stability in rates”
The April Board minutes contained few surprises for the markets. The markets are not pricing in a full rate hike until mid-2015.
Japan Advises Europe To Learn its Deflation Lesson: Don’t Wait
In delivering its semiannual status report to the International Monetary Fund’s leadership, Japan Saturday included a warning to Europe based on its own experience: don’t wait too long to react to any tendency toward deflation.
ECB Nowotny: Signs GDP Forecast May Rise, Would Affect Inflation
There are signs that expectations for economic growth this year in Europe might rise, and this would have corresponding implications for predictions of inflation,
G20 Communique Renews ‘Cooperation’ Pledge In Softer Language
Finance ministers and central bank governors of the Group of 20 Nations gave another nod toward “cooperation” in pursuit of stronger global economic growth Friday,
BOJ Minutes: Members Agree Easy Policy Working Steadily
Bank of Japan board members shared the view that the effects of the aggressive easy policy launched in April 2013 are steadily working and the degree of accommodative financial environment is strengthening,
ECB Constancio: No Decision On QE; April Inflation Important
April HICP in the Eurozone will be an important factor for a possible policy decision by the European Central Bank, ECB Vice President Vitor Constancio said Thursday.
Sweden: Flash comment CPI
• Much lower than expected inflation. Unusually large forecast error! • Components prices on clothes and footwear lower than expected