[Tree] Central banks' interest rate decisions amid inflation challenges
Version 0.6 (2024-09-24 22:38:38.535000)
updates: Added updates on Australia and Nigeria's central banks
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Version 0.59 (2024-09-20 18:33:14.436000)
updates: Central banks cut rates amid inflation concerns
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Version 0.58 (2024-09-20 08:49:49.709000)
updates: Fed cuts rates; BoE holds steady; market expectations shift
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Version 0.57 (2024-09-16 06:41:03.106000)
updates: Added recent updates on Fed, BoE, and BoJ policies
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Version 0.56 (2024-09-15 14:40:16.959000)
updates: Fed rate cut expected; ECB and BoC also adjusting rates
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Version 0.55 (2024-07-17 04:58:28.891000)
updates: African economies delay joining global easing cycle
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Version 0.54 (2024-07-11 12:56:01.614000)
updates: The ING report predicts rate cuts by the Fed and the ECB in September, discusses the resilience of the US economy, and highlights the need for improvement in Germany, France, and Italy. It also mentions the Bank of England's expected rate cut and the shifting growth drivers in China. The report emphasizes that the focus in foreign exchange is no longer solely on the Fed [97de27ef].
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Version 0.53 (2024-07-04 15:56:09.307000)
updates: Updates on US Federal Reserve Chair Jerome Powell's remarks on inflation and rate cuts
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Version 0.52 (2024-07-03 15:57:05.993000)
updates: Updates on central banks' stance on rate cuts, inflation trends, and global economic trends
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Version 0.51 (2024-07-01 07:56:32.860000)
updates: Updated information on global policy rate cuts
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Version 0.5 (2024-07-01 03:58:54.444000)
updates: The BIS warns of rising government debt levels ahead of major elections
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Version 0.49 (2024-06-30 18:55:49.080000)
updates: The BIS warns of rising government debt levels ahead of important elections
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Version 0.49 (2024-06-30 18:55:49.080000)
updates: The BIS warns of rising government debt levels ahead of important elections
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Version 0.48 (2024-06-30 09:58:01.647000)
updates: BIS warns central banks about interest rate cuts
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Version 0.47 (2024-06-22 07:53:39.348000)
updates: Analysis of central banks considering rate cuts, questioning the effectiveness of inflation expectations as a basis for monetary policy decisions
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Version 0.46 (2024-06-20 16:55:46.526000)
updates: Updates on central bank rate cuts, including Switzerland's surprise rate cut
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Version 0.45 (2024-06-20 13:55:17.366000)
updates: Switzerland's central bank cuts rates; Bank of Canada, ECB, and Bank of England make cuts; US Federal Reserve holds rates steady; Bank of Japan raises rates [76a4d13d]
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Version 0.44 (2024-06-19 17:00:29.803000)
updates: HSBC suggests BSP can cut rates ahead of US Fed
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Version 0.43 (2024-06-19 16:55:47.381000)
updates: Philippine central bank may not wait for Fed easing
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Version 0.42 (2024-06-19 06:53:29.789000)
updates: Added information about the US Federal Reserve's delay in rate cuts and its impact on emerging markets
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Version 0.41 (2024-06-17 05:54:03.643000)
updates: The easing of monetary policy has largely fizzled as inflation proved more persistent than expected. Major central banks have shifted their stance from preparing for rate cuts to a more cautious approach. The European Central Bank and Bank of Canada have made some modest cuts, but market pricing has shifted dramatically from expecting 140 basis points of cuts to now barely corresponding to one further rate cut this year. The strict language about rate cuts may be more about managing expectations than the actual outlook, and the timing of the first cut may be less significant in terms of its macroeconomic effect. Major central banks are now allowing restrictive monetary policy to weigh on banks, businesses, and households for longer than anticipated, which some worry may trigger negative consequences such as higher unemployment.
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Version 0.4 (2024-06-16 16:55:20.465000)
updates: Inclusion of information about central banks holding meetings on interest rates this week and the delay in rate cuts due to various factors
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Version 0.39 (2024-06-16 10:57:12.054000)
updates: Central banks in advanced economies are hesitant to join the global interest-rate cutting cycle. The Federal Reserve recently pared back projections for US rate cuts, and policymakers from the UK to Australia are likely to signal that they’re still not convinced enough about disinflation to start lowering borrowing costs themselves. June, originally expected to be a month of widespread rate cuts, may increasingly turn out to be a display of hesitancy. The Bank of England, the Reserve Bank of Australia, and the central banks of Norway and Switzerland are all expected to hold off on rate cuts. Decisions elsewhere may showcase the different stages of global monetary cycles, with Brazil and Paraguay expected to keep rates on hold and Chile anticipated to slow rate cuts. Other highlights for investors this week include US retail sales, Chinese data, and inflation numbers from the UK and Japan.
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Version 0.38 (2024-06-16 09:53:50.678000)
updates: The Federal Reserve signaling fewer interest-rate cuts, other central banks diverging from the Fed's stance
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Version 0.37 (2024-06-16 00:54:48.656000)
updates: Added details about the hesitancy of central banks in the UK, Australia, and Norway to join the rate-cutting cycle
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Version 0.36 (2024-06-15 20:54:44.508000)
updates: Central banks hesitant to cut rates; Bank of England, Australia, and Norway reluctant to lower borrowing costs
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Version 0.35 (2024-06-11 06:53:53.112000)
updates: Includes information on overseas rate cuts and their potential impact on U.S. yields and the private credit market
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Version 0.34 (2024-05-24 03:53:35.461000)
updates: Updates on the outlook for interest rate cuts in ASX 200
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Version 0.34 (2024-05-24 03:53:35.461000)
updates: Updates on the outlook for interest rate cuts in ASX 200
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Version 0.33 (2024-05-20 20:57:00.791000)
updates: Traders discuss the outlook for major central banks and potential rate cuts
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Version 0.32 (2024-05-20 11:52:49.951000)
updates: Traders' expectations for rate cuts by major central banks
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Version 0.31 (2024-05-09 15:00:41.919000)
updates: Bank of America expects further Selic rate cut in Brazil
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Version 0.3 (2024-05-08 14:58:37.603000)
updates: Swedish central bank cuts key interest rate for the first time in eight years
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Version 0.29 (2024-05-08 08:53:31.459000)
updates: Sweden's central bank cuts key interest rate for the first time in eight years
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Version 0.28 (2024-05-08 04:51:41.553000)
updates: Sweden expected to cut rates in response to divergence from the Fed
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Version 0.26 (2024-04-30 22:54:32.803000)
updates: European Central Bank may cut rates before other major central banks
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Version 0.25 (2024-04-29 23:52:25.725000)
updates: Central banks are expected to cut rates less than previously anticipated
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Version 0.24 (2024-04-26 10:53:45.734000)
updates: Updated information on central banks' interest rate decisions
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Version 0.23 (2024-04-18 10:23:46.277000)
updates: Bank of England may cut rates before the Federal Reserve
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Version 0.22 (2024-04-17 15:18:50.854000)
updates: Federal Reserve Chair's warning on US interest rates creates challenges for global central banks
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Version 0.21 (2024-04-17 05:19:55.755000)
updates: The Reserve Bank of Australia is unlikely to be significantly impacted by the delay in US interest rate cuts
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Version 0.19 (2024-04-12 04:22:09.572000)
updates: Updates on global central bank policies and concerns about US rate cuts
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Version 0.18 (2024-04-09 20:21:18.028000)
updates: Includes concerns of Asian central banks about US rate cuts
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Version 0.17 (2024-04-08 23:22:53.166000)
updates: Discussion on potential risks of central banks being slow to respond to economic data
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Version 0.16 (2024-04-04 07:22:19.854000)
updates: Integration of the impact of changing interest rates in the economy
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Version 0.15 (2024-03-25 04:18:17.830000)
updates: Updates on the Swiss National Bank's rate cut and Bank of England's potential future cut
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Version 0.14 (2024-03-22 15:22:54.468000)
updates: Updates on central banks' interest rate policies
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Version 0.13 (2024-03-22 06:22:51.016000)
updates: Central banks begin reversing interest rate hikes
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Version 0.12 (2024-03-22 03:23:03.263000)
updates: Central banks declare success in inflation fight
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Version 0.11 (2024-03-21 10:28:24.430000)
updates: The Swiss National Bank surprises with an interest rate cut
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Version 0.1 (2024-03-20 14:17:27.249000)
updates: The Czech Republic's central bank cuts its key interest rate again amid falling inflation
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Version 0.09 (2024-03-13 02:23:21.046000)
updates: New information on central banks' interest rate policies in 2024
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Version 0.08 (2024-03-06 10:21:07.463000)
updates: Updated information on expected rate cuts in 2024
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Version 0.07 (2024-03-01 20:25:12.412000)
updates: Updated information on central banks' rate policies and expectations for 2024
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Version 0.06 (2024-03-01 11:22:38.503000)
updates: The global economy is still far from normal and continues to search for a new balance. Central banks are unlikely to go back to neutral interest rates or below, and the upcoming rate cut cycle will be more muted than before. Market interest rate cut expectations for 2024 have been pared back by 100bp since mid-January. The first cut is expected in June. The eurozone economy is coming out of the doldrums, but growth is likely to remain subdued. The ECB is not in a hurry to cut interest rates. The Bank of England will wait to see the impact of annual price indexation and the National Living Wage hike before cutting rates. The PBoC has room for more policy easing, but resistance to depreciation in the renminbi will limit room for easing. Inflation is diverging within Central and Eastern Europe, calling for a different approach by central banks. Polish rates are expected to remain unchanged, but further rate cuts are expected in Hungary, Poland, and the Czech Republic. Gold prices are expected to trade higher this year due to safe haven demand amid geopolitical uncertainty. The Fed is expected to start cutting rates in the second quarter, leading to a weaker dollar. The EUR/USD is forecasted to hit 1.14 by year-end. Delivered inflation presents a problem for US and eurozone bonds, and market rates can remain under upward pressure for the coming month.
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Version 0.05 (2024-02-05 12:16:16.004000)
updates: Added information about expectations for central bank policies in 2024
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Version 0.03 (2023-11-28 10:12:52.712000)
updates: Bundesbank governor's perspective on interest rates
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Version 0.02 (2023-11-22 07:57:40.818000)
updates: New analysis shows more central banks cutting rates
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Version 0.01 (2023-11-14 22:18:27.115000)
updates: Central banks considering cutting interest rates
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