Time for the vigilantes?
It is no wonder governments don’t like the vigilantes but, in some ways, they might be doing policymakers a favour.
It is no wonder governments don’t like the vigilantes but, in some ways, they might be doing policymakers a favour.
There has been a lot of talk recently about de-dollarisation. However, you should be careful what you wish for.
There seem to be two factors that will determine the fate of the US dollar, at least over the next few months.
A few developed-country central banks have already paused their policy tightening and others, notably the Federal Reserve and Bank of England, are expected to do so...
We are talking about the day when the Federal Reserve clearly indicates that it thinks it has reached the peak, or the pause point, on policy rates. For at this time,...
As most advanced-country central banks near the end-game for their policy tightening, we are starting to see notable differences in policy preferences. This is something...
The State Bank of Vietnam (SBV) cut its policy rates twice in March 2023.
The Fed may soon stop raising rates in response to the banking crisis and falling inflation. This will result in a gold price breakout.
Many central banks are concerned about reducing inflation while maintaining financial stability.
On the afternoon of March 14, many investors were left startled when the State Bank of Vietnam decided to reduce the operating interest rate and the short-term lending...
Financial stability risks arising from banking stress make policy judgments far harder for central banks.
Many analysts believe gold prices will reach a new high despite the fact that the Fed will raise interest rates by 0.25% next week.
The question now is not just whether central banks like the ECB and Fed may pause rate hikes on the basis that they don’t want to inflame banking strains.
In recent weeks, we have seen US Treasury yields rise, and we have also seen market expectations for the Fed’s terminal rate increase as well.
All G10 central banks are data dependent when they set policy and most emerging market central banks too.
News that the NY Fed’s widely-followed measure of global supply chain pressure returned to ‘normal’ levels for the first time in two-and-a-half years might offer...
The current environment facing central banks is unlike that faced by them in the past and the consequence is that the path of policy will be different as well. One key...
Fed Chairman Powell will testify before the Senate Banking Committee on the Federal Reserve's semiannual monetary policy report. If he maintains his hawkish stance, gold...
Gold prices may remain flat next week due to rising expectations that the Fed will raise interest rates by 0.5% at its upcoming meeting.
The Federal Reserve released a paper last year that argued quantitative tightening by the Fed over a two-year period at a monthly pace of USD95bn per month is equivalent...
Gold price has fallen for the fourth week in a row, as investors are concerned about how aggressive the Federal Reserve will have to be in order to bring inflation down...
When will the Fed start to cut interest rates after deciding that rate hikes are no longer necessary?