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At its September 2025 meeting, the Bank of England’s Monetary Policy Committee (MPC) voted 7–2 to maintain Bank Rate at 4%, while also approving a £70 billion reduction in the stock of government bonds held for monetary policy purposes over the next year.
Markets expect the BoE to tread cautiously ahead. Further rate cuts remain possible, but their timing will depend heavily on how inflation trends evolve and whether signs of sustained labour-market weakening emerge.
This article was written by Eamonn Sheridan at investinglive.com.
Minneapolis Fed President Neel Kashkari said overnight that the balance of risks in the U.S. economy has shifted, with greater danger of a labor market slowdown than of a sharp rebound in inflation. Neveretheless, he added that while policymakers may be leaning toward the view that the economy is weakening, “we’re more likely betting that […]
The post Fed’s Kashkari sees inflation as stubborn but not dangerous appeared first on Action Forex.
BoJ Governor Kazuo Ueda reiterated overnight that the central bank will consider rate hikes “if our confidence in hitting the outlook increases”. He added that he intends to continue gathering informations before making any decisions at the October 29–30 policy meeting. Ueda observed that G20 members regard the world economy as broadly stable but facing […]
The post Ueda signals watchful patience as BoJ weighs October policy options appeared first on Action Forex.
Speaking at an IMF event, ECB President Christine Lagarde said the Eurozone economy has reached a point of relative stability, with inflation now close to the ECB’s 2% goal. “We are in a good place, and we are well positioned to face future shocks,” she said. Lagarde cautioned, however, that several unpredictable risks remain on […]
The post ECB’s Lagarde: Well positioned to weather future shocks appeared first on Action Forex.
Intense negotiations continue in Japan in lobbying for the next prime ministership.
The LDP elected Sanae Takaichi as its first female leader and likely next prime minister. She has had difficulty in gaining required coalition support though.
The yen was trashed on her election, she is a supporter of further fiscal support and loose monetary policy. As her path to PM has become obstructed, though, the yen has recovered some ground.
This article was written by Eamonn Sheridan at investinglive.com.
History suggests that waves of technological innovation take time to show up in productivity, with users not producers reaping the spoils. Productivity pessimism in Australia should not last forever. Like the computer revolution before it, the AI revolution is likely to boost productivity and potential output growth, but this could take a while. Assuming potential […]
The post Agents of Secular Stagnation appeared first on Action Forex.
Key insights from the week that was. In Australia, the September Labour Force Survey was one of two key data releases in the run-up to the RBA’s November decision. The release points to a bit more labour market slack building during the month. Employment printed in line with Westpac’s forecast (+15k), extending an easing in […]
The post Cliff Notes: Partial Data Challenges appeared first on Action Forex.
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