Bank of Japan Governor Kazuo Ueda: If our expectations for the economic and price outlook are realized, we will continue to adjust the intensity of easing policy.
The Bank of Japan will continue to raise policy rates if the economy and prices move as expected.
Israel's economy minister believes that the real strategic victory is to bring peace to the Middle East, which means that Iran cannot "wipe Israel off the map". Click to view...
JPMorgan chief operating officer Pinto said the US economy was in good shape but inflation was not as high as it should be and the deficit was too high, warning that inflation and geopolitical factors could undermine the current bullish market sentiment.
The Securities Exchange Commission announced that Jessica A. Wachter, chief economist and director of the Division of Economic and Risk Analysis (DERA), will step down on January 17.
With the release of CPI and PPI data this week, economists can now forecast December's all-important core PCE inflation data - the Fed's preferred measure of inflation - with great accuracy. Projections that keep coming in this morning suggest that December's core PCE price gains will be less than 0.2%: earlier forecasts range from 0.16% at Morgan Stanley to 0.19% at Pantheon Macro. Both of these numbers would keep core PCE inflation at an annualized rate of 2.8%, unchanged from November. But th...
Stablecoin issuer Circle released a USDC economic status report, USDC issuance increased by 78% year-on-year in the past year, the historical total transaction volume has exceeded 20 trillion US dollars, the monthly transaction volume in November 2024 reached 1 trillion US dollars, more than 500 million end users can access USDC through digital wallets and consumer applications.
The Organization for Economic Co-operation and Development (OECD) report analyzes the reasons why tokenization has not been adopted more quickly, noting that while tokenization brings efficiency gains, improved securities settlement, and opportunities for innovation, it faces many challenges. The report mentions that the lack of a sufficient investor base is the main obstacle, leading to a lack of liquidity, making issuers cautious about tokenization. The issuance of sovereign bonds can help pro...
According to foreign media, citing people familiar with the matter, Trump's economic team is discussing a gradual increase in tariff rates month by month. The gradual increase in tariffs is designed to increase negotiating chips while helping to avoid a spike in inflation. One of the ideas is to set a timetable for increasing tariffs by about 2% to 5% month by month, and it will follow the executive powers under the U.S. Emergency Economic Powers Act, the people said. The proposal is at an early...
On January 11, Vice Premier He Lifeng, the Chinese leader of the China-UK Economic and Financial Dialogue, and the British leader of the dialogue, British Chancellor of the Exchequer Reeves, co-chaired the 11th China-UK Economic and Financial Dialogue in Beijing. He Lifeng said that China is willing to work with the UK to implement the important consensus reached by the leaders of the two countries, uphold the positioning of strategic partner, strengthen communication and dialogue, further expan...
Even with the current economic challenges, the grey release remains#Bitcoin is optimistic about its future and sees the upcoming US presidential inauguration as a potential boost. Analysts predict that bitcoin could reach an all-time high in 2025 due to increased institutional investment and the implementation of supportive regulations.
Mr. Goolsbee said interest rates should fall if economic conditions were stable, inflation was not rising and full employment was achieved. If current expectations were met, rates would fall sharply in 12 to 18 months.
Federal Reserve Goolsby: If economic conditions are stable, inflation is not rising, and full employment is achieved, then interest rates should decrease.
Bank of America economists said that the Fed's suspension of interest rate cuts in January is clearly a basic scenario. If the labor market stops gradually cooling, the rate-cutting cycle may end. (Jin Ten)
As the Federal Reserve enters the new year facing a strong economy and inflation that remains above its 2 percent target, Kansas Fed President Schmid on Thursday signaled reluctance to cut interest rates again. Speaking at the Economic Club of Kansas City, Schmid said that "we are very close to achieving our dual goals of price stability and full employment" and that "with inflation near target and economic growth showing continued momentum, I...