If you look at financial market pricing of future monetary policy for the Fed and ECB this year, you will see that the Fed is projected to cut rates just before the ECB.
Although interest rates have continued to drop sharply, firms say it is still difficult for them to access loans.
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Investors want to buy assets ahead of a possible surge in prices as they know that the last two easing cycles have created what many describe as “everything bubbles”.
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...
The euro has come under some modest pressure recently against other developed currencies.
Forecasts for a weaker US dollar through 2024 rest heavily not just on the Fed starting an easing cycle, but also that this cycle either causes, or is consistent with, a...
It is probably a common narrative in the market that, just as the dollar rose with the increase in US policy rates, so the dollar will fall as rates are cut.
Some central bankers continue to stress that monetary policy has to stay restrictive for a considerable period of time.
The big central banks in Europe – the ECB and Bank of England – will start to cut rates before the Fed. But that’s not what is being priced in by the market, according...
Just recently we’ve heard a number of officials, often from central banks, argue to the effect that defeating inflation with higher rates is more like a marathon than a...
Many economists said 2024 would be a year of rate cuts even though inflation will likely lie above target levels.
In the most optimistic scenario, the market will face at least two more challenging quarters before entering a recovery phase in the second half of 2024, experts have...
At the moment, it seems that the Fed is expected to start the easing cycle, at least in terms of rate cuts, before major European central banks such as the ECB and BoE.
The US dollar increased by almost 50% throughout the middle and late 1970s and 1980s. Will the past resurface?
As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.
The State Bank of Vietnam (SBV)'s issuance of bills is not a signal of monetary policy reversal, but there is only limited room for the SBV to further loosen monetary...
FED Chairman Powell seems to be suggesting that a high terminal fed funds rate will be anything but transitory.
The US dollar has been very stable so far this year—much more than we’ve seen in prior years, with a less than 4% trading range on the Federal Reserve’s broad...
The prospect of easier monetary policy next year could help limit the US dollar’s upside and start to deliver a significantly weaker greenback in the coming years.
According to a survey from the Vietnam Real Estate Association (VNREA), investors and buyers of social housing projects must take loans with high interest rates. These...
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