Interest Rates 02 (Nov 14 - Dec 25)

[behappyalways]

To protect currency...


Indonesia RAISED rates +25bps to 6.25%
https://twitter.com/AyeshaTariq/status/ ... 2453494970

[winston]

Central banks will probably only cut half as much as they hiked

Higher-for-longer rate settings reshape market outlook

The Fed, ECB, BOE and Bank of Japan collectively expanded their balance sheets by a combined US$9 trillion in 2020 and 2021.

By the end of next year, Bloomberg Economics now sees the group as on course to conduct a cumulative amount of some US$3 trillion worth of quantitative tightening over 2024 and 2025. That’s even after the Fed suggested it favours slowing the pace of QT by roughly half, starting soon.

Source: Bloomberg

https://www.businesstimes.com.sg/intern ... they-hiked

[behappyalways]

Bank of Canada cuts rates to 4.75%, signals more to come
https://www.theedgesingapore.com/news/g ... -more-come

[behappyalways]

*DANISH CENTRAL BANK CUTS KEY RATE TO 3.35% FROM 3.6%
https://x.com/zerohedge/status/1798731844487168254

[behappyalways]

SNB Unexpectedly Cuts Rates Again As Swiss Inflation Continues To Ease
https://www.zerohedge.com/markets/snb-u ... inues-ease

[behappyalways]

Are you waiting for an "interest rate cut"? Do you recognize it?

'24.06.25【豐富│東南西北龍鳳配】Pt.2 你在等「降息」？你認識它嗎？

https://m.youtube.com/watch?v=qAPS2YxQ48o

[winston]

Slowing US Inflation Boosts Chances of Rate Cuts (S&P Global)

What’s our take?

The market is placing high odds on a rate cut in September, thanks to inflation heading in the right direction. Inflation for the year to June 2024 came in at 3%, the lowest annual level since March 2021.

This, combined with the weakness in the labour market we mentioned last week, provides the Federal Reserve with enough justification to start cutting rates.

According to the CME Fedwatch tool, the odds of 3 rate cuts by year-end were sitting at 50% on July 11th.

Those who believe we won't see rate cuts in November or December say that the Fed won't want to spook the market, plus it's around election time and employment data hasn’t broken into “recession territory” yet to justify more than 1 cut for now.

Source: Simply Wall St

[behappyalways]

Bank of Canada Cuts Rates For Second Consecutive Month, Says "Reasonable" To Expect More
https://www.zerohedge.com/markets/bank- ... xpect-more

[behappyalways]

Bank of England Cuts Rate to 5.0% In "Finely Balanced" 5-4 Vote, Offers No Signals On Next Moves

https://www.zerohedge.com/markets/bank- ... -next-move

[behappyalways]

Hungary Is First Central Bank To Pause Rate Cuts As Inflation Suddenly Jumps
https://www.zerohedge.com/markets/hunga ... enly-jumps