Analysis: Currencies

Fed's Goolsbee: 'Several' rate cuts possible this year if inflation gets on track to 2%

The U.S. Federal Reserve could approve several more interest rate cuts this year if inflation resumes a decline to the central bank's 2% target, Chicago Fed President Austan Goolsbee said on Tuesday,...

US dollar may be due for a reprieve after a four-month decline

The U.S. dollar is due for a bit of reprieve after its four-month decline as the political and economic backdrop turns in its favor and some market analysts turn bullish on the currency. ...

Warsh may want a smaller Fed balance sheet, but that's hard to achieve

Kevin Warsh, nominated to lead the Federal Reserve, may want a smaller central bank balance sheet, but he's unlikely to get it absent major tinkering with the financial system, and even then, it might...

Currencies: a fragile calm

The macroeconomic releases of recent days have not upended the central scenario, but they have clarified the regime in which markets are now operating. We are neither in a euphoric acceleration nor...

Japan PM Takaichi holds first meeting with BOJ chief Ueda since election win

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi held their first bilateral meeting on Monday since the ruling party's landslide election victory, which could have served as a venue...

Japan's fragile Q4 economic recovery poses early test for Takaichi

STORY: Japan's economy struggled to fire-up during the fourth quarter. It posted only weak growth and missed market expectations by a wide margin. Government data showed...

Japan's junior coalition head warns against political meddling in BOJ policy

Japan's government must avoid meddling in monetary policy and focus on steps to build an economy strong enough to weather the potential pain from any further interest rate hikes, the leader of the...

ECB opens up euro lifeline in bid to boost global role

The European Central Bank is opening its euro lifeline to nearly all foreign countries to boost the single currency's global role amid geopolitical turmoil and fraying alliances. The ECB...

US bank regulators move closer to proposing new 'Basel' rules for large banks

U.S. bank regulators appear to be moving closer to proposing a new version of the so-called Basel endgame rules dictating how large banks must measure their risk, according to regulatory filings...

Wall St muted as markets assess softer-than-expected inflation data

Wall Street's main indexes were muted on Friday, with communication services weighing as markets assessed softer-than-expected inflation data that kept Federal Reserve rate cut hopes intact. ...

US Fed to tap former Wall Street lawyer Guynn for top bank oversight role, say sources

The U.S. Federal Reserve is expected to name Randall Guynn as its new director of supervision and regulation, said two people familiar with the matter, putting a Wall Street veteran with deep banking...

Cooling January inflation keeps Fed easing in play

U.S. consumer prices increased less than expected in January, data showed, keeping the Federal Reserve on track to cut interest rates this year. The Consumer Price Index rose 0.2% last...

US stock futures pared declines after January inflation data

U.S. stock index futures pared declines on Friday after a softer-than-expected inflation report kept the Federal Reserve on track to deliver interest rate cuts this year. A Labor...

US consumer prices increase marginally, but inflation pressures persist

U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but households faced higher costs for services, suggesting little urgency for...

Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh

The Senate Banking Committee will proceed with confirmation hearings for Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, despite a key senator's hold on the nomination,...

US tariffs, Chinese competition weigh on EU trade, data show

The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to...

Start-of-year price increases seen lifting monthly US consumer inflation in January

U.S. consumer prices likely maintained a steady pace of increase in January as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal...

Fed policy is tighter than thought, inflation not a problem, Miran says

The Federal Reserve's current monetary-policy setting threatens U.S. economic growth that otherwise is being underwritten by a range of Trump administration policies including tax cuts, Fed Governor...

Global EV sales hampered by China, US slowdown in January

Global EV registrations fell 3% in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in the U.S. hindered sales, data by consultancy Benchmark Mineral...