CNYUSD CNY/USD
- 0.138140
- +0.000130+0.09%
CNY/USD News
Fading Fed Expectations Are Supportive – Scotiabank
US Dollar Flattens After Fed's Williams Delivers Dovish Comments
A potential 'fateful showdown' between Trump and the Federal Reserve! Top economists issue a warning!
Former IMF chief economist Blanchard said that Trump's economic policies may lead to an overheated economy and high inflation, forcing the Fed to raise interest rates again. The three pillars of Trump's economic plan, tariffs, immigration policy, and tax cuts, may all cause inflation to rise. As a result, the Fed may raise interest rates again, strengthen the dollar, which is not what Trump hopes for.
USD: Dollar Holds Gains – ING
Dollar Could Stay in Higher Range After Election Rally -- Market Talk
Forex Today: US Dollar Struggles to Build on Recent Gains, Eyes on Mid-tier Data and Fedspeak
Federal Reserve williams: Inflation is decreasing, and interest rates will decline further.
The president of the New York Federal Reserve, John williams, recently stated in an interview that he believes inflation is cooling down and interest rates will further decline. williams mentioned that the usa economy is growing very well, the labor market is steadily cooling down, and the inflation rate is gradually decreasing from very high levels. By the end of next year, the federal funds rate will be lower than it is now. This will depend on the data and the progress we make. williams believes that a 2% interest rate best balances the Federal Reserve's goals of employment and price stability. He said, "My way of thinking is, what inflation rate can best balance maximum employment and price stability? Some people might say that price stability is 0."
US Dollar Price Forecast: The Bullish Outlook Remains in Play Near 106.50
Fed's Williams Sees Inflation Cooling and Interest Rates Falling Further
Fed's Williams Sees Inflation Cooling and Interest Rates Falling Further -- Barrons.com
Dollar Upside On The Cards Amid Geopolitical Tensions, Cautious Fed And Solid US Economic Data, Says Expert
Fed officials are cautious! Trump's risk suppresses confidence in rate cut in December, will the pace slow down next year?
Prior to the December interest rate meeting, several Federal Reserve officials discussed their differing views on the direction of monetary policy.
Survey: Ninety percent of economists still expect the Federal Reserve to cut interest rates next month, but the pace of rate cuts will slow down next year.
A recent survey released by industry media this week shows that most economists still expect the Federal Reserve to cut interest rates for the third consecutive meeting next month; however, due to the risks of rising inflation posed by the policy guidelines suggested by the elected US president Trump, economists' expectations for the interest rate cut magnitude in 2025 have noticeably decreased compared to a month ago.
The central parity rate of the RMB against the US dollar is reported at 7.1934, up by 1 point.
On November 21st, the central parity rate of the RMB against the US dollar was reported at 7.1934, up by 1 point. The latest forecast by economists: the Federal Reserve will cut interest rates in December, but the magnitude of the cut next year will be drastically reduced by nearly 90% of the respondents expect the Federal Reserve to continue cutting interest rates in December, but the risk of inflation recovery next year has increased. A recent survey by foreign media shows that the majority of economists expect the Federal Reserve to continue cutting interest rates next month, but due to the policies proposed by President-elect Trump, which may lead to inflation, the rate cut in 2025 will be smaller than their expectations a month ago. Trump's planned policies, including raising tariffs and cutting taxes, are causing the market to speculate on the US.
PBOC Sets USD/CNY Reference Rate at 7.1934 Vs. 7.1935 Previous
The Fed's dovish tone continues: it is necessary to further cut interest rates, but caution is required!
① Boston Fed President Collins stated that it is necessary to further cut interest rates, but it should be cautious to avoid being too fast or too slow; ② In addition to her, Federal Reserve Board members Bauman and Cook both emphasized a cautious attitude towards further rate cuts, due to slowing inflation progress and a strong labor market.
Federal Reserve's Collins: The economy is stable but requires further easing, and a rate cut in December may be expected.
Collins stated that further slowing in economic recruitment is undesirable, and there is still a possibility of interest rate cuts in December, but the specific decision must be based on subsequent data.
IMF Says Egypt Program Review Talks to Continue After 'Progress'
Fed Governors Call For Caution on Rate Cuts
Federal Reserve Watch for Nov. 20: Pace of Rate Reductions May Link to Incoming Data, Cook Says