The United States Federal Reserve (Fed) will announce its monetary policy decision and publish its revised Summary of Economic Projections (SEP), known as the dot plot, after its September policy meeting on Wednesday. Market participants widely anticipate the US central bank will cut its benchmark interest rate for the first time since last December, lowering it to a range of 4%-4.25%. The CME FedWatch Tool shows that investors see only about a 6% chance of a larger rate cut, while pricing in about an 80% chance of a 75 basis point (bps) cut for the remainder of the year. This means the...
Australia's seasonally adjusted Wage Price Index rose 3.4% year-on-year in Q2 2025, matching the previous quarter's pace and exceeding expectations for a 3.3% increase. Acceleration in both the public and private sectors drove stronger-than-expected growth. Public sector wages jumped 4.7%, up from 3.6% in Q1, while private sector wages rose 3.4%, compared with 3.3% previously. This marks a recovery for the private sector, which had previously recorded its weakest growth since Q2 2022 in the previous two quarters. Overall, the electricity, gas, water, and waste services industry recorded...
The Reserve Bank of Australia (RBA) board members decided to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.6% from 3.85%, following the conclusion of the August monetary policy meeting. The decision came in line with the market expectations.(alg) Sumber: FXstreet
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems the more serious threat in deciding whether it is appropriate to reduce interest rates, St. Louis Fed President Alberto Musalem said on Friday. Between tariffs pushing up prices and job growth slowing, "there are risks on both sides of our mandate, and when that happens, when you have risks on both sides, you have to take a balanced approach, which means you have to think about the likelihood of missing on each side of the mandate, the size of the potential miss, and...
United States (US) President Donald Trump announced on Thursday that he would be selecting Stephen Miran, the current Chair of the US Council of Economic Advisors, to replace recently resigned Federal Reserve (Fed) Board of Governors (BoG) member Adriana Kugler. Stephen Miran will be replacing Adriana Kugler as a voting member of the Fed's Board on an interim basis until January 31, 2026. Trump is continuing his trend of appointing team members to multiple roles: Moran already serves as the Chair of the US CEA, a position he was nominated to by Trump at the beginning of his second...
The Bank of England (BoE) announced on Thursday that it lowered the policy rate by 25 basis points (bps) to 4% after the August meeting, as widely anticipated.
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
The United States has rejected India's request for consultations at the World Trade Organization (WTO) regarding Washington's 50% tariffs on copper and copper derivative products, arguing that the...