A preview of the BoE monetary policy meeting via Société Générale But first, previews already posted: And, secondly: – BoE Governor Carney speaks later in the UK evening (June 21 at 2015GMT) – stay tuned for that And, thirdly, its not all about the BoE today, we get a Swiss National Bank decision also:
Debt profile moving closer This is more about the maturity of the portfolio than any kind of change but with that much running off, the ECB will still be buying more than 13 billion euros worth of bonds per month so the overall portfolio doesn’t shrink.
More from Draghi and Powell
Kuroda in Portugal The usual optimism on growth and caution on wage from Kuroda.
RBA Governor Philip Lowe Lowe is at the ECB conference in Portugal.
Draghi in Portugal Draghi is speaking on a panel with Powell and the RBA’s Lowe. More headlines are likely to come.
The SNB meet today, with a unanimous expectation it’ll be a no change event This via Nomura (bolding mine) covers the major points: I posted this earlier:
Bank of Japan board member Funo speaking – Need to keep strong monetary easing – Prices remain weak – There is a large downside risk to medium to long-term inflation expectations
The People’s Bank of China just set the onshore yuan weaker again today Just a heads up, they’re gonna have to exercise a bit of care lest they put it into minds that the RMB is on a weaker course. If there is a policy in place to jeep devaluing the yuan it could set…
Heads up for the BoE today, Thursday June 21 2018 And, a by the way, Governor Carney speaks later in the day (well, in the evening UK time, due at 2015GMT)