Tag Archives: Policy
policy
BNY Drops 2026 Fed Rate-Cut View as Waller Flags Two-Way Risks and Oil Shock Inflation
BNY strategists drop 2026 rate-cut call as hawkish Fed, Hormuz oil disruption boosts inflation risks.
Sweden PPI jump challenges Riksbank summer rate-cut bets, supporting krona and pressuring equities
Sweden’s April PPI jumped 1.1%, boosting inflation pressure, reducing rate-cut odds, strengthening SEK, and pressuring equities.
Schnabel warns ECB still needs June rate rise as inflation broadens, clouding euro zone growth outlook
Schnabel signals June ECB hike despite war ending, inflation spreading; favors higher front-end rates, bearish euro, equities.
BoJ’s new inflation gauge tops 2% target, fuelling yen hike bets as USD/JPY hovers near 159
BoJ’s new inflation gauge hit 2.8% in April, boosting hike bets as USD/JPY hovers near 159.
UK BRC shop price inflation tops forecasts, bolstering higher-for-longer Bank of England stance
May UK BRC Shop Price Index rose 1.2% versus 1.1%, signalling sticky inflation, delaying BoE cuts.
US Dollar slips below 99 as US-Iran deal talk eases oil and Fed fears
Dollar slips below 99 as US-Iran deal hopes ease oil, inflation fears; focus shifts to confidence data.
Bank of Korea Seen Turning Hawkish as Won Weakens, Markets Price 125bp of Tightening
Bank of Korea may hold at 2.50% yet sound hawkish, defending won amid weakness, inflation, energy-driven pressures.
Hungary’s central bank seen holding rates as euro-convergence trade supports forint carry appeal
BBH expects Hungary’s central bank to hold 6.25%, supporting forint carry trades and euro-convergence optimism.
BNY Sees SARB Leading Emerging Market Tightening Cycle as Repo Rate Heads Back to 7.0%
BNY expects SARB to lead emerging-market tightening, hiking repo to 7% to defend rand, stabilize bonds.
Takaichi to Fund Summer Energy Bill Caps with Extra Budget, Deficit Bonds as Yen Hovers Near 159
Japan plans ¥3tn extra budget for summer energy subsidies, issuing bonds; yen pressured as USD/JPY nears 160.
