UK Sees Hot Inflation but a Lower Pound. UK CPI came in at 3.8%. This was higher than expectations, yet the pound dropped. Meanwhile, the RBNZ concluded a dovish meeting which caused a sharp drop in ...

Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting ...

The dollar has quietly gone a little bid this week. We're not sure what's driving it, but we wouldn't read too much into it ...

Traders see a growing likelihood the Bank of England will keep interest rates on hold for the rest of the year, after ...

Thank you for inviting me to speak today on payments innovation. It is an exciting time to work in payments. While I have always been interested in the topic, I would have never imagined decades ago ...

President Donald Trump will tap his top economic advisor Kevin Hassett to be the next Fed chair, according to respondents to ...

U.S. crude oil refinery inputs averaged 17.2 million barrels per day during the week ending August 15, 2025, which was 28 ...

The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve ...

I am glad that I looked at things in an optimistic light yesterday because the news from the UK this morning heads towards the other end of the spectrum. The Consumer Prices Index (CPI) rose by 3.8% ...

We're writing this note two days ahead of the Jackson Hole Symposium, which we generally see as a neutral/dovish event risk ...

New Zealand’s central bank (RBNZ) cut its Official Cash Rate (OCR) as expected by 25 basis points (bps) to a three-year low of 3% today. The major surprise was the RBNZ’s monetary policy guidance that ...

Leaving aside the New Zealand dollar, which has been tagged for more than 1% after the dovish forward guidance following the central bank's well-telegraphed rate cut, and the Australian dollar, which ...