Traders upped their bets that the ECB will cut rates by 100 basis points this year.
The Bank of Korea unexpectedly kept interest rates unchanged at 3%, and market expectations fell to 2.75%.
The Bank of Korea unexpectedly kept interest rates unchanged at 3%, while market expectations fell to 2.75%. (Kim Ten)
After the inflation data, traders in interest rate futures increased their bets on a rate cut by the Federal Reserve in June, raising the possibility of a second cut in 2025. Traders expected the Fed to cut rates by the end of July, compared with September.
Citi said it now expects the Bank of England to start cutting interest rates in a row in August 2025, compared with a previous forecast for May. (Jin Ten)
On January 13, U.S. interest rate futures no longer fully priced in expectations that the Federal Reserve will cut interest rates even once this year, after Friday's strong monthly employment data underscored the resilience of the U.S. economy. Interest rate futures showed that traders expect the Federal Reserve to cut interest rates by only 24.26 basis points by December this year, compared with about 43 basis points before the employment data was released. At present, traders are increasingly ...
Wall Street banks have begun to raise the possibility that the Federal Reserve may raise interest rates this year! Will CPI add another fire? Gold bulls may need to "temporarily avoid sharpness" now, and US stocks may have entered a "lose-lose situation"...
Wells Fargo said it is increasingly unlikely that the Federal Reserve will cut interest rates in March.
1. Wells Fargo: The Fed is increasingly unlikely to cut rates in March. 2. Citibank: The Fed is expected to make its next rate cut in May, after previously expecting it to do so in January. 3. JP Morgan: Given the latest non-farm payrolls data (strong), the Fed is expected to make its next rate cut in June, compared to the previous forecast of March. 4. Bank of America: The rate-cutting cycle may be over; the underlying assumption is that the Fed will keep rates on hold for an extended period of...
The Bank of Korea is expected to cut its policy rate for the third time in a row next week in response to growing concerns fuelled by political instability over the president's impeachment. Nineteen of the 26 economists surveyed by the Wall Street Journal predicted the Bank of Korea would cut rates by 25 basis points to 2.75 per cent at its January 16 meeting. Suktae Oh and Kiyong Seong, economists at Socie ́ te ́ Ge ́ ne ́ rale, said: "Concerns about a slowdown in domestic demand as a resul...
Federal Reserve Governor Bowman: We should be cautious when considering adjustments to the policy rate.
Federal Reserve Barkin: There is a growing recognition that long-term interest rates may not fall as sharply as once hoped.
European Central Bank Governing Council Stournaras: The European Central Bank's interest rate is expected to be cut to 2% by this autumn. (Greek radio station Skai)
Real interest rate pressure! Is it possible for gold to "reshape its golden body" in 2025? US oil is in consolidation, downside risk or imminent? The inflection point of the long-short trend in Europe and the United States may appear in this form in the future...
According to Yonhap News Agency, the Bank of Korea plans to cut interest rates further next year in response to higher downside risks.