[Tree] PBOC's measures to reduce bank debt costs and NIM pressure

Version 0.79 (2025-01-14 08:59:28.109000)

updates: PBOC halts bond purchases; new measures announced

Version 0.78 (2025-01-10 21:29:20.620000)

updates: PBOC halts bond purchases to stabilize yuan

Version 0.77 (2025-01-03 04:53:50.859000)

updates: PBOC announces significant interest rate cuts and reforms

Version 0.76 (2024-12-31 11:00:51.929000)

updates: PBOC injects 1.7 trillion yuan to boost economy

Version 0.75 (2024-12-31 00:50:11.774000)

updates: Focus on demand and yuan stability for 2025

Version 0.74 (2024-12-25 04:41:26.173000)

updates: PBOC holds MLF rate, forecasts rate cuts in 2025

Version 0.73 (2024-07-02 16:54:05.769000)

updates: Integration of information about the US overnight funding rate hitting its highest level since January, indicating dwindling liquidity in the US repo market

Version 0.72 (2024-06-26 23:55:57.507000)

updates: Bond traders betting on significant interest rate cuts by the Fed

Version 0.71 (2024-06-26 19:53:26.178000)

updates: Bond traders predict much deeper interest rate cuts

Version 0.7 (2024-06-26 18:56:17.658000)

updates: Bond traders expect deeper interest rate cuts than projected

Version 0.69 (2024-04-29 12:54:01.117000)

updates: Options market pricing for 2024 Fed rate hike, additional market developments

Version 0.68 (2024-04-23 12:19:36.990000)

updates: Investors reassess expectations for rate hikes

Version 0.67 (2024-04-23 04:18:22.536000)

updates: Investors adjust expectations for future rate hikes

Version 0.66 (2024-04-20 13:25:28.714000)

updates: Incorporated statements from New York Fed President John Williams and Fed Governor Michelle Bowman regarding the possibility of a rate hike amidst inflation concerns

Version 0.65 (2024-03-20 01:17:06.733000)

updates: Federal Reserve Chair Jerome Powell announces an interest rate hike at a news conference

Version 0.64 (2024-03-19 23:19:25.505000)

updates: Federal Reserve considering adjusting rate cut expectations

Version 0.63 (2024-03-19 23:17:23.941000)

updates: Federal Reserve to provide clues on interest rate cuts at March meeting

Version 0.62 (2024-03-19 14:23:23.150000)

updates: Federal Reserve begins rate meeting to discuss timing of rate cuts

Version 0.61 (2024-03-19 04:20:30.847000)

updates: Federal Reserve maintains interest rates, cautious about rate cuts amidst inflation concerns

Version 0.6 (2024-03-18 22:18:08.342000)

updates: Federal Reserve maintains interest rates, cautious about rate cuts

Version 0.59 (2024-03-18 20:19:19.933000)

updates: Federal Reserve maintains interest rates, cautious about rate cuts amidst inflation concerns

Version 0.58 (2024-03-18 18:19:59.005000)

updates: Federal Reserve maintains interest rates, cautious about rate cuts amidst inflation concerns

Version 0.57 (2024-03-18 17:20:29.461000)

updates: Federal Reserve Chair expected to keep interest rates unchanged, cautious about rate cuts

Version 0.56 (2024-03-18 14:26:50.598000)

updates: Federal Reserve expected to maintain current interest rate, cautious about rate cuts

Version 0.55 (2024-03-18 13:26:50.842000)

updates: Incorporated information about the Federal Reserve's March meeting and expectations for interest rate policy

Version 0.54 (2024-03-18 13:17:17.033000)

updates: The Federal Reserve's cautious approach towards rate cuts amidst inflation concerns

Version 0.53 (2024-03-18 12:18:55.879000)

updates: Federal Reserve maintains interest rates, cautious about rate cuts amidst inflation concerns

Version 0.52 (2024-03-18 10:21:14.079000)

updates: US Federal Reserve signals no immediate changes to interest rates, but hints at future cuts

Version 0.51 (2024-03-18 10:17:59.857000)

updates: Federal Reserve's cautious approach amidst inflation concerns

Version 0.5 (2024-03-18 09:17:17.597000)

updates: Inflation remains above the Fed's 2% target; Analysts have mixed views on the outcome of the Fed policy meeting; The National Association of Realtors has settled antitrust lawsuits and agreed to pay $418 million in damages

Version 0.49 (2024-03-18 06:30:47.993000)

updates: The US Federal Reserve is expected to keep its key lending rate unchanged as policymakers continue discussions on rate cuts and inflation. The Fed has raised interest rates to a 23-year high of between 5.25 and 5.50 percent to combat inflation. However, there has been a small uptick in monthly inflation in 2024. The unemployment rate remains low, wage growth has eased, and economic growth for Q4 2023 came in above expectations. The Fed will publish an updated summary of economic projections (SEP) alongside its rate decision, which will include policymakers' views on interest rates for the end of the year. In December's SEP, policymakers penciled in three interest rate cuts for 2024, but some analysts see a chance that the number of cuts could be reduced. Futures traders currently assign a probability of around 55 percent that the Fed will start cutting interest rates by June 12. Fed chair Jerome Powell has urged caution about cutting rates too quickly and has said they will follow a "data-dependent" path. The first rate cut is expected to come in June.

Version 0.48 (2024-03-18 06:19:00.171000)

updates: The Federal Reserve is expected to keep its key lending rate unchanged. The futures market had previously priced in a 90% chance of a rate cut, but that probability has now dropped to almost zero. The Fed has been pushing back against expectations of rate cuts, citing disappointing inflation data and a strong US jobs market. The US unemployment rate is still low at 3.9%, and the Fed expects it to remain low by the end of the year. The Fed will also release a new set of interest rate projections and updated forecasts for growth, inflation, and unemployment. The last projections showed a median forecast of 75 basis points in rate cuts for this year, but there is a chance that the new projections will show only 50 basis points of rate cuts if some committee members are more concerned about inflation. The National Association of Realtors has settled antitrust lawsuits and agreed to pay $418 million in damages. The settlement will eliminate rules on commissions and could lead to a 25% to 50% decrease in real estate commissions. This development could open up opportunities for alternative models of selling real estate. Homebuilder stocks rose on the news.

Version 0.47 (2024-03-17 18:19:09.040000)

updates: The US Federal Reserve is expected to keep its key lending rate unchanged as policymakers discuss rate cuts and their battle against inflation. The Fed has raised interest rates to a 23-year high of 5.25-5.50% to return inflation to its long-term target of 2%. Despite a small uptick in monthly inflation, the unemployment rate remains low, wage growth has eased, and economic growth for Q4 2023 exceeded expectations. The Fed will publish an updated summary of economic projections (SEP) alongside its rate decision, which will include policymakers' views on interest rates for the end of the year. Some analysts see a chance that the number of expected rate cuts for 2024 could be reduced from three to two. Fed officials have urged caution about cutting rates too quickly and have emphasized a 'data-dependent' path. Futures traders assign a 55% probability that the Fed will start cutting rates by June 12. The first rate cut is expected to come in June.

Version 0.46 (2024-03-17 16:17:55.675000)

updates: The story now includes information about the small uptick in monthly inflation in 2024 and the expectations for the number of interest rate cuts. It also provides additional context about the Fed's decision-making process and the settlement of antitrust lawsuits by the National Association of Realtors.

Version 0.45 (2024-03-17 15:18:00.216000)

updates: US Federal Reserve expected to keep key lending rate unchanged

Version 0.44 (2024-03-17 12:22:17.027000)

updates: Federal Reserve expected to cut interest rates in the fall despite presidential election

Version 0.43 (2024-03-17 07:17:06.236000)

updates: Updated information on the US Federal Reserve's stance on interest rates and rate cuts

Version 0.42 (2024-03-17 04:18:29.495000)

updates: The Federal Reserve is expected to keep its key lending rate unchanged as policymakers continue discussions on rate cuts and inflation. Some analysts predict a reduction in the number of rate cuts expected for 2024. Futures traders currently assign a 55% probability of rate cuts starting by June 12. The Fed will publish updated economic forecasts alongside its rate decision on Wednesday, which will include policymakers' views on interest rates for the rest of the year [1f7716d8].

Version 0.41 (2024-03-16 12:18:10.818000)

updates: Updates on Bank of Japan's potential interest rate increase and US policymakers' approach to inflation

Version 0.4 (2024-03-16 02:18:05.067000)

updates: Federal Reserve expected to stick with three interest rate cuts in 2024

Version 0.39 (2024-03-13 19:25:43.185000)

updates: Inflation inches up, pressure on Fed to cut rates

Version 0.38 (2024-03-12 11:21:27.493000)

updates: The new information provides additional insights into the uncertainty surrounding the Federal Reserve's rate-cutting outlook and the upcoming policy meeting. It also includes mixed signals in the data since December's projections and the expectations for the Consumer Price Index for February.

Version 0.37 (2024-03-11 23:18:02.237000)

updates: New projections will reveal officials' rate-cutting outlook

Version 0.36 (2024-03-11 16:18:47.280000)

updates: Updated information on rate-cutting outlook and economic data

Version 0.35 (2024-03-11 11:19:37.952000)

updates: The Federal Reserve is expected to maintain interest rates, uncertainty about rate-cutting outlook

Version 0.34 (2024-03-11 10:24:56.178000)

updates: The Federal Reserve's outlook on rate cuts is uncertain

Version 0.33 (2024-03-11 07:19:50.886000)

updates: Ed Yardeni expects two rate cuts in the US later this year

Version 0.32 (2024-03-08 01:20:46.415000)

updates: Powell expresses faith in declining inflation and potential interest rate cuts

Version 0.31 (2024-03-07 17:36:46.717000)

updates: US Federal Reserve Chair signals potential interest rate cuts in 2024

Version 0.3 (2024-03-07 01:19:55.322000)

updates: Fed Chair Powell testifies that rate cuts are expected later this year

Version 0.29 (2024-03-06 22:20:02.882000)

updates: New information from Minneapolis Federal Reserve President Neel Kashkari

Version 0.28 (2024-03-06 20:20:27.375000)

updates: Updated information on US economy and interest rate cuts

Version 0.27 (2024-03-05 13:20:07.030000)

updates: Contrarian view from Apollo Global Management's Chief Economist on no rate cuts in 2024

Version 0.26 (2024-03-05 08:19:26.777000)

updates: Updates on US Federal Reserve's rate cut expectations and China's GDP growth projections

Version 0.25 (2024-03-05 04:16:30.796000)

updates: The chief economist at Apollo Global Management, Torsten Slok, believes that the US economy is not slowing down and the Federal Reserve (Fed) will not cut rates in 2024. Slok states that the Fed pivot has provided a strong tailwind to growth since December. He lists ten reasons why he sees the Fed holding off on rate cuts, including the fact that underlying measures of trend inflation are moving higher and the Fed will spend most of 2024 fighting inflation.

Version 0.24 (2024-03-05 01:16:38.447000)

updates: New information about Torsten Slok's prediction on the US Federal Reserve holding off on rate cuts in 2024

Version 0.23 (2024-02-08 21:14:24.341000)

updates: Macquarie economist revises interest rate cut forecast to 2 cuts

Version 0.22 (2024-01-03 17:18:23.666000)

updates: Macquarie's perspective on the Fed's rate cut outlook

Version 0.21 (2023-12-29 07:03:35.740000)

updates: Factors that could trigger rate cuts in 2024

Version 0.2 (2023-12-25 15:59:53.985000)

updates: Federal Reserve officials predict rate cuts in 2024

Version 0.19 (2023-12-21 05:01:37.948000)

updates: Markets increasingly confident about rate cuts in 2024

Version 0.18 (2023-12-21 04:03:56.506000)

updates: Updated information on rate cut expectations and economic projections

Version 0.17 (2023-12-20 14:00:05.789000)

updates: Markets expect rate cuts in March 2024

Version 0.16 (2023-12-19 09:00:10.843000)

updates: Bank of America predicts 4 interest rate cuts by the Federal Reserve in 2024

Version 0.15 (2023-12-18 20:04:34.864000)

updates: Bank of America predicts 4 interest rate cuts by the Federal Reserve in 2024

Version 0.14 (2023-12-18 15:04:28.819000)

updates: Economist predicts more aggressive Fed rate cuts in 2024 as unemployment rises above 5%

Version 0.13 (2023-12-18 14:59:57.529000)

updates: Updated information on Bank of America's rate cut forecast

Version 0.12 (2023-12-18 14:59:15.148000)

updates: Updated forecast on Federal Reserve rate cuts in 2024

Version 0.11 (2023-12-18 14:01:29.292000)

updates: Bank of America Global Research predicts four rate cuts in 2024

Version 0.1 (2023-12-15 11:40:13.825000)

updates: Diverging forecasts on rate cuts, Goldman Sachs suggests options traders bet against rate cuts, revised outlook from the Fed's dot plot

Version 0.09 (2023-12-14 14:05:33.235000)

updates: Goldman Sachs now expects the first Fed rate cut in March

Version 0.08 (2023-12-14 09:04:28.383000)

updates: Inclusion of Robert Sockin's forecast on Federal Reserve rate cuts

Version 0.07 (2023-12-13 21:01:14.447000)

updates: New information on Federal Reserve rate cuts and projections

Version 0.06 (2023-12-13 20:03:44.482000)

updates: Federal Reserve officials expect three rate cuts in 2024

Version 0.05 (2023-12-11 03:17:55.852000)

updates: The article provides additional forecasts from Wall Street analysts on the number of interest rate cuts the Federal Reserve will make in 2024.

Version 0.04 (2023-12-10 17:58:56.822000)

updates: Updated forecasts on Federal Reserve rate cuts

Version 0.03 (2023-12-10 17:52:41.748000)

updates: Incorporated Wall Street analysts' predictions on Federal Reserve rate cuts in 2024

Version 0.02 (2023-12-05 12:18:12.019000)

updates: Incorporated portfolio manager's call for rate cuts

Version 0.01 (2023-12-04 16:52:47.278000)

updates: Goldman Sachs believes financial markets are too optimistic

Version 0.0 (2023-11-14 01:34:23.779000)

updates:

Version 0.0 (2023-11-14 21:29:52.563000)

updates: Restructured and clarified information