Unanimous decision Inflation slowed in January. This was no surprise. They said the balance of risks for growth continues to be tilted downwards but that the balance of risks for inflation has an upward bias.
ASB are expecting the Reserve Bank of New Zealand to stay on hold through 2019 and 2020 – Previously the bank had forecast a rate hike in Q3 of 2020 Citing;
James Bullard, President of the Federal Reserve Bank of St. Louis is giving a speech on his economic and policy outlook He will follow up with a Q&A And then a press conference
Federal Reserve System Chair Powell will testify to the US Senate Banking committee on Tuesday February 26 ForexLive
A small item in an overnight note from Citi that may pique the interest of EUR traders Citi citing wire reports on the March European Central Bank meeting (7th) (in very brief) :
The headline comment posts on Bullard are here from earlier: Fed’s Bullard: Do not have a lot of inflation in US today MOAR Bullard: Considers current levels of rates as somewhat restrictive The comments are indicative of Mr B swinging back to dove, in line with the Fed pause but a bit more I reckon.
The RBNZ meet next week, announcement due at on 13 February 2019 NZ time – In addition to the OCR announcement will be the Monetary Policy Statement – and media conference to follow This (in summary) preview via ASB:
Comments in brief from analysts on the Reserve Bank of Australia Capital Economics. JPMorgan analyst Tom Kennedy. via Reuters Earlier today on the RBA and AUD:
Federal Reserve St Louis President James Bullard ForexLive
Catching up comments from Federal Reserve St Louis President James Bullard – US expansions don’t die of old age – Don’t have a lot of inflation in US at moment