The Bank of Japan and the Swiss National Bank have emerged as the major central banks most likely to change course in the next two months.
On the basis of market expectations, the first G10 central bank to cut rates will be the Swiss National Bank.
Goldman Sachs last week pushed back its projections for rate cuts from May to June, citing several key inflation indicators that look "on the firmer side." Analysts at Capital Economics said the steep decline meant inflation "looks sure to undershoot the SNB's Q1 forecast of 1.8%." "We think the SNB will want to wait to ensure that domestic price pressures stemming from higher rents no longer pose upside risks to inflation ," Switzerland's largest bank said in a note last week.
"If inflation is going to settle around 2%, rather than fall all the way back to the 10-year average , there is no reason to delay the demise of negative interest rate and yield curve control policies," said Kit Juckes, the French bank's global head of foreign exchange strategy.A significant majority of analysts expect the BOJ to end its eight-year stretch of negative interest rates in April, along with its yield curve control policy.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
MTA worker punched, slammed into train car after waking up man at Wall Street stationThe NYPD says the incident was caught on camera. A man has now been charged with felony assault.
Weiterlesen »
The Significance of Black History Month in 2024See multiple perspectives from Wall Street Journal (Opinion), Bloomberg, and Newsweek at AllSides.com.
Weiterlesen »
We Can't Stop Authoritarianism Without Taking on Wall StreetLes Leopold is the executive director of the Labor Institute and author of the new book, “Wall Street’s War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It.' (2024). Read more of his work on his substack here.
Weiterlesen »
Wall St falls as hot inflation data dampens early rate-cut hopesWall St falls as hot inflation data dampens early rate-cut hopes
Weiterlesen »
This Stone Age wall may have led Eurasian reindeer to their doomHunter-gatherers living 10,000 years ago in what is now Germany probably used the wall to trap reindeer in a nearby lake.
Weiterlesen »
Submerged wall could be the largest Stone Age megastructure in EuropeA stone wall nearly a kilometre long found under the Baltic Sea may have been built by ancient hunters to channel deer into a confined space
Weiterlesen »