Catenaa, Thursday, March 13, 2025- Barclays expects two quarter rate cuts this year, brokerage said on Thursday, with softer US labor market conditions. The brokerage is expecting two quarter-point rate cuts in June and September. It had earlier projected one 25-basis point cut in June. “The softer labor market causes us to add another rate cut, despite […]

Catenaa, Friday, February 28, 2025-The People’s Bank of China (PBOC) have asked China’s banks to cut interest rates offered on U.S. dollar deposits to curtail dollar hoarding and prop up a weakening yuan, a report by Reuters said on Friday. Quoting two banking sources, the Reuters report said that over the past few weeks banks across China […]

Catenaa, Thursday, March 06, 2025- The European Central Bank (ECB) lowered its interest rates on Thursday, the sixth consecutive time since June, as the easing cycle tends to be at its end. The interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.50%, 2.65% and 2.90% respectively, […]

Catenaa, Thursday, January 30, 2025 –The Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday, January 29, citing “elevated inflation” and a strong labor market, while bitcoin remained steady above $100,000.  “The Committee decided to maintain the target range for the federal funds rate at 4.25% to 4.50%,” the Fed said in […]

Catenaa, Thursday, December 19, 2024 –The US Federal Reserve yesterday reduced its benchmark federal funds rate by 25 basis points, lowering it to a range of 4.25% to 4.50%, as Bitcoin rallied to a new all-time high of over $108,000. However, share prices slumped on the announcement, the BBC reported yesterday. The Federal Open Market Committee’s […]

Catenaa, Thursday, March 20, 2025- The Federal Reserve held interest rates steady Yesterday (Wednesday), maintaining them between 4.25% and 4.5%, citing increased uncertainty in the economic outlook. Stocks recently plummeted, and executives reported declining consumer confidence. Fed Statement can be read here. The Federal Open Market Committee (FOMC) also announced a slowdown in its quantitative […]

Catenaa, Thursday, April 24, 2025- US Federal Reserve sees no urgency in changing policy rates and seeks more clarity to determine the impact of Trump’s tariffs on the economy. Federal Reserve Governor Christopher Waller said in a Bloomberg interview on Thursday that given the tempo at which the Trump administration’s import taxes shift, it wouldn’t […]

Catenaa, Monday, March 31, 2025– Goldman Sachs expects the Federal Reserve to have three 25 bps interest rate cuts in 2025 while it upgrades its 12-month recession probability to 35% as Liberation Day approaches. The Wall Street brokerage said in a note on Sunday that now it sees consecutive cuts in July, September, and November, […]

Catenaa, Friday, February 21, 2025 – Japan’s headline inflation rose by 4% year-on-year(y/y) in January, the highest recorded after January 2023, official data said on Friday, putting the Bank of Japan(BOJ) on the path of more rate hikes. Data showed that Japanese inflation has accelerated more than expected in January, with consumer prices excluding fresh food rising […]

Catenaa, Wednesday, April 16, 2025- US Federal Reserve Chair Jerome Powell said tariffs are highly likely to generate at least a temporary rise in inflation in the US, while the economy is still stable despite uncertainty. In a speech to the Economic Club of Chicago, Powell said that tariffs imposed by President Trump are highly […]

Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]

Catenaa, Wednesday, February 19, 2025 – UK inflation rose to a more-than-expected 10-month high in January, official statistics said on Wednesday, diminishing hopes for low interest rates and highlighting challenges to the Bank of England. The Office for National Statistics said inflation, said inflation as measured by the consumer prices index, rose to 3% in the year to […]

Catenaa, Friday, February 28, 2025- US cost of living rose 2.5% in January over the last 12 months, official data said on Friday, showing a different trend from the Consumer Price Index(CPI), which rose unexpectedly in January. Personal Consumption Expenditures(PCE), as measured by the Bureau of Economic Analysis, rose by 2.5% in January year on year, marking […]