[Daily Global Foreign Exchange Market News Express (February 20) ] US Dollar: 1. Federal Reserve Goolsby: Once inflation falls, interest rates can...

2025-02-20 15:18:47
< b > [Daily Global FX Market Highlights Express (Feb. 20) ] < br > < b > USD: < br > < span class = "section-news" > 1. Fed Goolsby: Interest rates can fall further once inflation falls. < br > < span class = "section-news" > 2. Fed January meeting notes: Several participants said it may be appropriate to consider a pause or slowdown in balance sheet reduction until the debt ceiling issue is resolved; Bostic: The Fed has made good progress on balance sheet reduction. < br > < b > Yen: < br > < span class = "section-news" > 1. The dollar fell below the 150 mark against the yen USD/JPY for the first time since December 9 last year. < br > < span class = "section-news" > 2. According to a Reuters poll: 61 economists all said the Bank of Japan will keep its key interest rate unchanged at 0.50% on March 19. More than 65% of economists said the Bank of Japan will raise its key rate to 0.75% in the third quarter. According to the median forecast, the Bank of Japan's interest rate is expected to reach 1.00% by the end of March 2026. < br > < b > Others: < br > < span class = "section-news" > 1. The People's Bank of China achieved a net refund of 800 million yuan on the day of its reverse repurchase operation. < br > < span class = "section-news" > 2. Chairperson of the Reserve Bank of New Zealand Orr: The committee may reconsider the number of monetary policy meetings. < br > < span class = "section-news" > 3. The People's Bank of China maintained the one-year and five-year loan market quotation rates at 3.1% and 3.6% respectively.