3,031 events tracked
economic · economic
The Czech central bank may raise interest rates for the first time in four years as policymakers weigh domestic inflation pressures against receding risks from global energy prices.
economic · economic
Chinese ambassador to the United States Xie Feng on Wednesday proposed to increase the limit of tariff-free goods under the newly created US-China Board of Trade from the existing US$30 billion to US$300 billion – a 10-fold rise in non-sensitive trade covered by the mechanism. Addressing a gathering at the US-China Business Council gala in Washington, Xie said he shared the view of “many friends from American businesses” that the tariff-free basket was “far from big enough”. “I cannot agree...
economic · economic
The increasingly large role of China’s bond market as a source of credit for the nation’s borrowers has offered the central bank an important channel for broad reductions in borrowing costs.
economic · economic
The Federal Reserve may need to raise interest rates as soon as September if inflation remains elevated, according to Rob Kaplan, vice chairman at Goldman Sachs Group Inc. and former Dallas Fed president.
economic · economic
US stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns. This comes as the Federal Reserve signaled potential rate hikes to combat inflation, causing bond yields to climb and the yen to weaken.
economic · economic
The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show nine officials anticipate a rate increase by the end of 2026. The policy statement removed previous guidance on future rate moves, reflecting new Fed Chairman Kevin Warsh's influence.
economic · economic
Gold held a loss after the US Federal Reserve kept interest rates unchanged and signaled a hike later in the year.
economic · economic
Pacific Investment Management Co. is favoring five- to 10-year Australian debt, wagering the central bank will ultimately be forced to pivot to interest rate cuts to support a slowing economy.
economic · economic
Asian stocks and bonds were poised to track US losses after the Federal Reserve signaled rates may need to rise further to contain inflation.
economic · economic
Federal Reserve Chair Kevin Warsh spoke at his first news conference since being appointed the central bank's chair. The Fed's policy-setting Federal Open Market Committee decided to leave rates unchanged and vowed to deliver price stability. Here are some of the key moments from Warsh's news conference. (Source: Bloomberg)
economic · economic
Federal Reserve Chairman Kevin Warsh vowed to restore price stability after officials left interest rates unchanged and signaled growing support for rate hikes this year. Lisa Abramowicz and Scarlet Fu host a special edition of "Bloomberg Surveillance" covering the latest news from the Federal Reserve. (Source: Bloomberg)
economic · economic
US President Donald Trump is happy with Canada’s arrangement to allow a capped number of Chinese electric vehicles to be imported at a low-tariff rate, Prime Minister Mark Carney said. When asked about Carney’s comment, Trump did not express explicit approval, but said he could understand the quota. The deal, unveiled during Carney’s trip to Beijing in January, allows as many as 49,000 Chinese EVs in a 12-month period at a tariff rate of around 6 per cent, with that quota to climb gradually over...
economic · economic
Andrew Szczurowski, strategic income portfolio manager at Morgan Stanley Investment Management, said that it is still to be determined if Kevin Warsh will follow through on hawkish signals he gave in his first press conference as Federal Reserve chair as the Fed held rates steady. Szczurowski, who was joined by Bloomberg Economy's Stuart Paul, said that despite the decision to hold rates, the FOMC remains very divided as members disagree on the direction the Fed should take interest rates. (Source: Bloomberg)
economic · economic
Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and single B rated credits with yields between 6-8%. Despite elevated yields expected to persist regardless of Federal Reserve actions, Burton noted a complex macroeconomic environment influenced by inflationary pressures, partly driven by geopolitical tensions such as the Iran conflict and high oil prices. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
economic · economic
US government bonds drop after central bank vows to tame jolt of inflation triggered by Iran war
economic · economic
An overwhelming majority of Bank of Japan watchers anticipate the central bank will raise interest rates again by the end of this year, following a hike to the highest level since 1995 earlier this week, according to a Bloomberg survey.
economic · economic
Alan Blinder, former Federal Reserve Vice Chair and current professor at Princeton University, provided insights on the Federal Reserve's newly outlined five task forces, emphasizing the market's keen interest in the Fed's communications strategy and its approach to using existing economic data. Blinder clarified that while the Fed produces some data such as industrial production and interest rates, most critical economic indicators like inflation, unemployment, and GDP come from other statistical agencies. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
economic · economic
The US Federal Reserve held interest rates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the US central bank’s 2 per cent target. New quarterly projections showed nine Fed officials now anticipate a hike in rates by the end of 2026, and an updated policy statement removed language that had been used to flag the likelihood of further reductions in borrowing costs this year. Indeed, the statement, in an...
economic · economic
Gold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later this year. This move strengthened the U.S. dollar, making gold more expensive for international buyers. Markets now anticipate a higher chance of a rate hike in December. Other precious metals like silver, platinum, and palladium also experienced declines.
economic · economic
The dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers raising inflation projections. New Fed Chairman Kevin Warsh's revised statement removed forward guidance, impacting market expectations. Meanwhile, other central banks like the BOE and BOJ are also navigating inflation concerns.
economic · economic
US stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later this year. New Fed Chair Kevin Warsh emphasized taming inflation, shifting sentiment from expected rate cuts. This hawkish tilt led to significant market declines across major indices.
economic · economic
US Treasury yields leaped as Federal Reserve officials signaled they expect an interest-rate hike in the coming months, pushing traders to fully price in higher borrowing costs in 2026.
economic · economic
Heightened energy prices because of the US-Israel war with Iran has pushed US inflation to a three-year high.
economic · economic
Donald Trump’s pick to lead the world’s most important central bank takes over as Iran war stokes US inflation risks
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Federal Reserve policymakers are expected to hold interest rates steady on Wednesday, posing an early test for new chairman Kevin Warsh as rising inflation erodes households’ purchasing power and President Donald Trump continues to press for lower borrowing costs. Robert Kaplan, Vice Chairman at Goldman Sachs, discusses what to expect from Kevin Warsh's first meeting as Fed chair and his outlook for markets after the FOMC decision. (Source: Bloomberg)
economic · economic
EU backing. The European Union is preparing emergency trade relief for Armenia, the Financial Times reported, following recent Russian measures to restrict imports of Armenian goods. The bloc plans to reduce tariffs on Armenian food and agricultural imports to help offset the impact of Russian restrictions, which were imposed in the weeks ahead of Armenian […] The post Daily Memo: European Support for Armenia, French AI appeared first on Geopolitical Futures .
economic · economic
Proposal would allow European Commission to move faster in shielding industries from Chinese import glut
economic · economic
Investors from Fidelity say new Federal Reserve Chairman Kevin Warsh stands to stoke bond-market volatility by offering his views on inflation.
economic · economic
Imports from Russia rose by 3.4% during the period
economic · economic
Egypt’s pound has become the world’s best-performing currency after oil prices dropped sharply on a US-Iran agreement to reopen the Strait of Hormuz, a move expected to restore supply flows and ease inflation concerns.