Latest news with #policymaker
Bloomberg
4 days ago
- Business
- Bloomberg
Treasuries Recover Ground as JPMorgan Sees Lingering Powell Risk
US Treasuries pared some of their weekly losses on Friday while the dollar fell at the end of a week dominated by debate about the trajectory and leadership of the Federal Reserve. Yields on 10-year US government bonds inched lower to 4.45% — just three basis points higher on the week — while 30-year yields were on track to finish below 5% for the first time since Monday. A gauge of the dollar dropped 0.2% after a Fed policymaker publicly pushed to cut interest rates later this month.
Bloomberg
04-07-2025
- Business
- Bloomberg
BOE's Taylor Warns Bailey Neutral Rate Question Cannot Be Dodged
Bank of England policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a direct challenge to Governor Andrew Bailey's approach. Taylor has been unusually frank about where he expects the UK's neutral rate — the level at which policy is neither stimulating nor weighing on the economy — to end up. Bailey and those close to the Governor have repeatedly dodged questions on the issue, claiming there is too much uncertainty.
Reuters
09-06-2025
- Business
- Reuters
Pause in ECB rate cuts could last a while, policymaker Holzmann tells Austrian TV
VIENNA, June 9 (Reuters) - The current pause in European Central Bank rate cuts could be long-lasting unless economic data worsens, in which case there could be further rate cuts this year, policymaker Robert Holzmann told Austrian broadcaster ORF on Monday. "It could be that the pause lasts a while," he said when asked if there would be further rate cuts this year, adding each rate decision was based on the data available at that time. "If economic developments worsen, there could be further interest-rate cuts."
Bloomberg
12-05-2025
- Business
- Bloomberg
BOE's Taylor Warns of ‘Perilous' Trade Threat After Urging Big Rate Cut
Bank of England policymaker Alan Taylor said interest rates are still a 'long way' from moving out of restrictive levels, warning of the 'perilous' threat from Donald Trump's trade war. Taylor said Monday he is 'a bit activist' and that he is 'putting quite a lot of weight' on recent news after backing a bumper half-point rate cut last week.
