Today, on November 1st, the minutes from the November 1st meeting of the US FOMC will be released.

Today, on November 1st, the minutes from the November 1st meeting of the US FOMC will be released. The policy interest rate was kept in line with market expectations at 5.25-5.50%. The statement had conveyed a sense of pausing interest rate hikes. However, during Chairman Powell’s press conference, he maintained a hawkish tone, suggesting that […]
How will today’s ECB fare as the How will today’s ECB fare as the US FOMC’s rate hike pause approaches?’s rate hike pause approaches?

As expected by the market, yesterday’s US FOMC announced a 25bp rate hike. However, while it suggested the possibility of keeping rates unchanged (pausing rate hikes) at the next June meeting, it did not explicitly say so. Chairman Powell denied the speculation of an early start to rate cuts that had been spreading in […]
Last week, the U.S. interest rate hike in May was solidified, but uncertainty remains about the future

In response to last week’s series of US economic statistics and the results of US financial institutions, there is a near consensus in the market that the next US FOMC meeting in May will raise interest rates by 25 basis points at about 80%. The focus of the market seems to be gradually shifting to […]
Expectations for the US FOMC to remain unchanged in March surged to 40%

According to CME FedWatch, the 25bp rate hike factored into the US FOMC in February has dropped to around 60%, while the unchanged rate has risen sharply to around 40%. In the European/London market at the beginning of the week, the bankruptcy of US SVB has once again heightened anxiety in the market. Germany’s two-year […]
Remarks by officials from Japan, the United States, and the European Central Bank

The impact of maintaining the status quo at the Bank of Japan Monetary Policy Meeting has subsided, and the market’s attention is focused on the US FOMC on January 31st and February 1st, the ECB Governing Council on February 2nd, and the Bank of England MPC. The FOMC has broadened the outlook for a reduction […]