UK interest rate futures pricing in the rest of 2025 the Bank of England will cut interest rates by about 60 basis points (Tuesday is expected to cut interest rates by 54.2 basis points).
Bank of Japan Governor Kazuo Ueda: Japan's economy is likely to continue to grow above potential, underlying inflation is expected to gradually accelerate, and interest rates are expected to continue to rise if the economy and prices move in line with our forecasts in our quarterly outlook report. (Jin Ten)
UK interest rate futures show that by the end of 2025, the Bank of England interest rate will be cut by 43 basis points, compared with 52 basis points before the Bank of England interest rate decision.
The Bank of England will announce its interest rate decision and meeting notes at 20:00 Beijing time on Thursday, and the market generally expects the bank to stand still. Under the dual attack of economic slowdown and rising inflation expectations, internal differences may intensify, and a cautious stance may prevail. Please pay attention to the relevant risks, and click for more foresight....
The dollar index DXY widened its day-to-day gain to 0.50 per cent at 103.76 ahead of the Fed's 2:00 a.m. interest rate decision.
Bank of Japan Governor Kazuo Ueda said interest rates would rise if the economy and prices met the Bank of Japan's forecast. (Kim Ten)
Next week's important macro events and data forecasts are as follows (all in Beijing time): In terms of macroeconomic data: Monday at 20:30, the monthly rate of retail sales in the United States in February and the New York Federal Reserve Manufacturing Index in March. On Tuesday, the Bank of Japan will announce its interest rate decision. At 14:30, Bank of Japan Governor Kazuo Ueda will hold a monetary policy press conference. Wednesday at 18:00, Eurozone CPI data for February. On Thursday at 1...
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)