March data shows sustained wage growth, a key condition for the Bank of Japan’s potential June rate hike. Japan’s real wages increased 1.0% year-on-year in March, marking a third consecutive monthly gain. The rise reflects ongoing wage growth, a critical factor for the Ban
New York Fed President Williams highlights persistent investor appetite for government bonds amid elevated issuance levels. New York Federal Reserve President John Williams stated that demand for US Treasury securities remains robust despite increased supply. His comments
Mexico’s central bank signals end of easing cycle after reducing benchmark rate by 25 basis points in a 3-2 vote. The Bank of Mexico reduced its benchmark interest rate by 25 basis points to 11.00%, marking its first cut since 2021. The decision was split 3-2, with policym
NY Fed President Williams notes economic resilience but warns of uneven pressures on lower-income households amid uncertainty. New York Fed President John Williams stated that the U.S. economy faces significant uncertainty despite outperforming expectations last year. He c
Banxico lowered the Benchmark interest rate to 6.5% from 6.75% as expected. Board members Heath and Borja voted to hold rates steady Board members Rodriguez, Mejia, and Cuadra voted to cut rates. The board was not unanimous on the rate decision. Benchmark interest r
A Federal Reserve policymaker highlights the need for adaptable interest rate decisions as economic risks persist. A Cleveland Federal Reserve official emphasized the importance of maintaining an open-minded approach to monetary policy given ongoing economic uncertainty. T
More from Cleveland Fed Pres. Hammack: I need to keep an open mind about next policy move given the uncertainty I hear concerns among businesses that an inflationary mindset is starting to become entrenched in people's minds This article was written by Greg Michalowski at
San Francisco Fed Pres. Mary Daly his is speaking and says: Committed to bring inflation back to Fed's 2% target Monetary policy is slightly restrictive, and would put downward pressure on inflation should US war in Iran resolve. Said no indication yet that the ener
Fed’s Daly: We have to work on price stability without overreacting Mary Daly, President of the Federal Reserve (Fed) Bank of San Francisco, said on Bloomberg TV on Thursday that she doesn’t see evidence that longer-run inflation expectations are up. She also claimed that
Mary Daly, President of the Federal Reserve (Fed) Bank of San Francisco, said on Bloomberg TV on Thursday that she doesn’t see evidence that longer-run inflation expectations are up. She also claimed that wage rises are consistent with the overall 2% inflation