ECB President Christine Lagarde and Bank of Spain´s governor de Cos speak on Friday
ECB speakers on Friday, 1 December 2023.
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ECB speakers on Friday, 1 December 2023.
Yen has a notable bounce in Asian session today, fueled by a Nikkei report suggesting that BoJ is finally near to the end its negative interest rate policy. This policy shift, which could see interest rates rise as early as the first half of next year, hinges on the outcomes of spring labor-management negotiations and consumer spending development. Such a move, if realized, would mark a major shift in monetary policy, being the first interest rate hike in 17 years.
A top UK central banker on Tuesday emphasised that monetary policy would need to be restrictive for some time to defeat inflation, a message echoed by fellow policymakers from Australia and Spain. ... -November 27, 2023 at 10:22 pm EST - MarketScreener
In a central bank conference held in Hong Kong, RBA Governor Michele Bullock said that monetary policy is currently restrictive, a necessary stance to moderate demand and anchor inflation expectations.
Spain’s central bank governor Pablo Hernández de Cos laid out a vision of what’s next for Europe’s digital euro, while in the United States, caution abounds.