NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more
Former Bank of Japan advisory board member Tsuyoshi Kataoka said on Thursday that the Bank of Japan will only be able to exit its accommodative monetary policy if it achieves its 2% inflation target on a sustained basis. July 2017 (2023 REUTERS/Issei Kato) [ムンバイ ４日 ロイター] – Former BOJ board member Tsuyoshi Kataoka said on … Read more
Chinese President Xi Jinping (second from left) told the BRICS that the Chinese economy is resilient and that the fundamentals for long-term growth have not changed. REUTERS/Russian Foreign Ministry/Handout via REUTERS [２２日 ロイター] – Chinese President Xi Jinping told the BRICS on Tuesday that the Chinese economy is resilient and the fundamentals for long-term growth … Read more
A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Reuters) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s weaker-than-expected nonfarm … Read more
On the 30th, the US interest rate futures market priced in the rate hike probability at the Federal Open Market Committee (FOMC) in July slightly decreased from about 90% to about 85%. Pictured is the US Federal Reserve Board (FRB). FILE PHOTO: March 2019. (Reuters/Leah Millis) [３０日 ロイター] – In response to the May US … Read more
US House Speaker McCarthy (Republican) announced on the 31st that the bill to suspend the federal debt ceiling temporarily will be voted on and that the bill will be passed. (2023 REUTERS/Julia Nikhinson) [ワシントン ３１日 ロイター] – US House Speaker McCarthy (Republican) announced on the 31st that the bill to suspend the federal debt ceiling … Read more
U.S. Deputy Treasury Secretary Adhemo said on Thursday that he does not have a “Plan B” that would allow him to pay off the federal debt ceiling. April 2022 (2023 REUTERS/Eduardo Munoz/File Photo) (Reuters) – U.S. Deputy Treasury Secretary Adhemo said on Wednesday that the United States does not have a “Plan B” to pay … Read more
Negotiations between President Biden and House Speaker McCarthy over raising the U.S. debt ceiling are nearing a deal, with a difference of just $70 billion between the two on “discretionary spending,” excluding social security and other items. This was confirmed by multiple sources. (2023 REUTERS/Craig Hudson) [ワシントン ２５日 ロイター] – Negotiations between President Biden and … Read more
International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン １７日 ロイター] – International Monetary Fund (IMF) chief deputy managing director … Read more
The US Congressional Budget Office (CBO) warned on Wednesday that it faces a “significant risk” of default as early as early June if the federal debt ceiling is not raised. FILE PHOTO: April 6, 2023. REUTERS/Elizabeth Frantz [ワシントン １２日 ロイター] – The US Congressional Budget Office (CBO) warned on Thursday that it faces a “significant … Read more