BOJ WATCH: Ueda Sees Higher Rates Ahead, No Timing Clues
BOJ WATCH: Ueda Sees Higher Rates Ahead, No Timing Clues
MNI INTERVIEW: CNB Should Look Through 1st-Rnd Effects-Seidler
MNI INTERVIEW: CNB Should Look Through 1st-Rnd Effects-Seidler
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BOJ WATCH: Ueda Sees Higher Rates Ahead, No Timing Clues
MNI INTERVIEW: CNB Should Look Through 1st-Rnd Effects-Seidler
MNI INTERVIEW: CNB Should Look Through 1st-Rnd Effects-Seidler
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Monitoring A Multi-Year Range In WTI
FI Market Analysis
FI Market Analysis
The EFSF is likely to hold a syndication in the upcoming week while five countries will hold auctions.
April 27, 2026 05:55BOJ expected to retain a 'hawkish hold' stance with tightening still part of the forward path
April 27, 2026 02:32Download Full Report Here: https://media.marketnews.com/Fed_Prev_Apr2026_41d0d27442.pdf EXECUTIVE SUMMARY * April's FOMC meeting communications will reiterate the Committee's broadly shared view that policy is well-positioned and the next move is not urgent, particularly because the Iran war-related energy shock and associated uncertainty complicate the outlook. * Data since the last FOMC meeting have largely supported a wait-and-see approach, on balance showing initial resilience to the energy price shock seen in March (especially in the labor market) although surveys warn higher spillover to non-energy prices could be in the pipeline. * Where Committee views have started to diverge most is whether and how quickly the FOMC could signal openness to removing its explicit easing bias. * So while a Fed funds rate hold at 3.50-3.75% at this meeting is universally expected, with no new set of economic projections, attention will be paid to whether the easing bias in the Statement guidance is amended in favor of a two-sided approach to future rate moves. * Either way, rate guidance may soon be eliminated altogether. This is likely to be Chair Powell's last meeting before his term ends in mid-May, after which Kevin Warsh is set to assume the chairmanship. * In his Senate confirmation hearing, Warsh said he doesn't believe in forward guidance, and signaled that he would seek major changes to not just Fed communications practices but several key areas of policy. * Warsh is broadly expected by markets and analysts to steer the FOMC's rate lean in a more dovish direction, but his ability and indeed willingness to do so are not entirely clear. * There's not much Powell can say at the press conference about the outlook that differs from what he said in mid-March, given the ongoing impact of the war distorting economic signals, though it's possible that if the Statement doesn't shift to a two-way rate guidance, he may echo the recent Minutes in a hawkish fashion in suggesting that the Committee is leaning increasingly to that conclusion. MNI's separate preview of sell-side analyst summaries to follow on Monday April 27
April 24, 2026 08:40We preview next week's MPC meeting where we see a 7-2 or 6-3 vote on hold and also review the recent data releases.
April 24, 2026 02:33FX Market Analysis
FX Market AnalysisDownload Full Report Here: https://media.marketnews.com/Fed_Prev_Apr2026_41d0d27442.pdf EXECUTIVE SUMMARY * April's FOMC meeting communications will reiterate the Committee's broadly shared view that policy is well-positioned and the next move is not urgent, particularly because the Iran war-related energy shock and associated uncertainty complicate the outlook. * Data since the last FOMC meeting have largely supported a wait-and-see approach, on balance showing initial resilience to the energy price shock seen in March (especially in the labor market) although surveys warn higher spillover to non-energy prices could be in the pipeline. * Where Committee views have started to diverge most is whether and how quickly the FOMC could signal openness to removing its explicit easing bias. * So while a Fed funds rate hold at 3.50-3.75% at this meeting is universally expected, with no new set of economic projections, attention will be paid to whether the easing bias in the Statement guidance is amended in favor of a two-sided approach to future rate moves. * Either way, rate guidance may soon be eliminated altogether. This is likely to be Chair Powell's last meeting before his term ends in mid-May, after which Kevin Warsh is set to assume the chairmanship. * In his Senate confirmation hearing, Warsh said he doesn't believe in forward guidance, and signaled that he would seek major changes to not just Fed communications practices but several key areas of policy. * Warsh is broadly expected by markets and analysts to steer the FOMC's rate lean in a more dovish direction, but his ability and indeed willingness to do so are not entirely clear. * There's not much Powell can say at the press conference about the outlook that differs from what he said in mid-March, given the ongoing impact of the war distorting economic signals, though it's possible that if the Statement doesn't shift to a two-way rate guidance, he may echo the recent Minutes in a hawkish fashion in suggesting that the Committee is leaning increasingly to that conclusion. MNI's separate preview of sell-side analyst summaries to follow on Monday April 27
April 24, 2026 08:40We preview next week's MPC meeting where we see a 7-2 or 6-3 vote on hold and also review the recent data releases.
April 24, 2026 02:33Download Full Report Here: https://media.marketnews.com/Inter_Meeting_Fed_Speak_Apr2026_1e36b34c03.pdf Ahead of next week's Fed decision, we've published our summary of FOMC participant communications since the March FOMC meeting, including MNI's Hawk-Dove Matrix and a recap of the latest Beige Book and January meeting minutes.
April 24, 2026 12:59A weekly wrap of some of the key macro themes/data releases for the Asia Pac region
April 24, 2026 05:45
