Nellie Liang was nominated by President Trump for membership on the Federal Reserve Board in September last year. Wall Street Journal report WH has withdrawn the nomination
Yuan strengthened again vs USD People’s Bank of China skip open market operations for the day – 20bn yuan in RRs mature so a net drain ForexLive
This is a long-running theme for Williams New York Fed President John Williams co-authored a paper suggesting the Fed could guard against deflationary expectations by shifting to price-level targeting or average-inflation targeting.
A note from RBC, this an extract with quick views on where to for those four centeal banks above Following the December Fed meeting, our US colleagues cut their 2019 Fed forecasts from four hikes to two
A video interview snippet from Bloomberg interview with UBS Chairman Axel Weber While we await markets to get a bit more active Here is the link
Opening reference rate for the onshore yuan this wekk – The People’s Bank of China skip open market operations today, says banking liquidity is at a relatively high level
Mester speaks on Bloomberg TV Earlier she took a more data-dependent view on the necessity of rate hikes in a dovish shift from someone who is at the more-hawkish scale of the equation.
China’s Economic Information Daily commentary piece Follows Friday’s news on a RRR cut: PBOC cuts banks’ RRR by 1% ForexLive
Further comments by ECB governing council member, Benoit Coeure – We must be vigilant – Growth in euro area remains ‘comfortable’ ForexLive With the global economy starting to show signs of slowing down/worsening, you have to wonder where this leaves the ECB if they are unable to justify rate hikes some time this year. Should…
Comments by ECB governing council member, Benoit Coeure The current forward guidance remains that the ECB will only move to raise rates “through the summer of 2019” but recent commentary suggests that they want to leave open the option to push that back particularly when they see that downside risks are increasing.