According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 94%, and the probability of cutting interest rates by 25 basis points is 6%. The probability of keeping current interest rates unchanged in May is 67.8%, the probability of a cumulative 25 basis point cut is 30.5%, and the probability of a cumulative 50 basis point cut is 1.7%. (Jin Ten)
The former member believes that the Bank of Japan should seize the opportunity to raise interest rates and boost the yen in the meantime. Click to view...
Bank of Japan Governor Kazuo Ueda said he will closely monitor the impact of rising interest rates on the economy and will raise interest rates if economic conditions improve as expected.
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 97.5%, and the probability of a 25 basis point cut is 2.5%. The probability of maintaining current interest rates unchanged in May is 80.8%, the probability of a cumulative 25 basis point cut is 18.8%, and the probability of a cumulative 50 basis point cut is 0.4%.
The Federal Reserve's Bostic: We still expect two rate cuts this year, but there is a lot of uncertainty.
Mr. Bostic said the Fed was expected to cut interest rates twice this year. A lot could happen in the future that could lead to more or less rate cuts. The base rate is currently in a moderate tightening state, compared with the neutral rate of 3% -3.5%. The slowdown is a major concern because of the upcoming policy changes, but businesses expect 2025 to be a solid year, and so far the economy has shown resilience.
European Central Bank Governing Council member Simkus expressed his support for the expectation of three more interest rate cuts in 2025. The direction of interest rates is clear, and the next move is also clear. There is no good reason for not cutting interest rates in March.
Federal Reserve Goolsby: Once inflation falls, interest rates can fall further. (Golden Ten)
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 97.5%, and the probability of a 25 basis point cut is 2.5%. The probability of maintaining current interest rates unchanged in May is 88.9%, the probability of a cumulative 25 basis point cut is 10.8%, and the probability of a cumulative 50 basis point cut is 0.2%.
The Reserve Bank of New Zealand cut the base rate by 50 basis points to 3.75%, in line with market expectations, for the fourth consecutive meeting rate cuts.
1. Standard Chartered: expected to cut interest rates by 50BP. If the economic data is still sluggish, it may actively ease monetary policy in the second quarter in order to return to the neutral rate faster. 2. ANZ Bank: expected tomorrow may be the last interest rate cut of 50 basis points. The risk of interest rate trough tends to be less than 3.5%. The statement is expected to show confidence in inflation. 3. Westpac Bank: expected to cut interest rates by 50BP. The pace may slow down after ...
The Reserve Bank of New Zealand will release its interest rate decision and monetary policy statement in ten minutes.
According to the CME "Fed Watch", the probability of the Fed keeping interest rates unchanged in March is 97.5%, and the probability of a 25 basis point cut is 2.5%. The probability of maintaining current interest rates unchanged in May is 86.1%, the probability of a cumulative 25 basis point cut is 13.6%, and the probability of a cumulative 50 basis point cut is 0.3%.
Piero Cipollone, a member of the European Central Bank's executive board, said the ECB's interest rate decision should not ignore the tightening effect on monetary policy of unwinding past asset purchases. The Italian official told an event organised by MNI that while policy rates remained the main tool for adjusting the ECB's stance, the role of quantitative tightening in influencing financial and funding conditions - through yield curves or bank lending - should also be taken into account.
The Reserve Bank of Australia cut its base rate by 25 basis points to 4.10%, the first cut since November 2020, to a new low since October 2023, in line with market expectations.