Foreign Exchange Insights and Next Week
Next Week’s Menu: October 25 – 31, 2025
October 24, 2025
Central Banks: In the last week of October, monetary policies will be reviewed at the Federal Reserve, Bank of Japan, Bank of Canada, European Central Bank, and in Kyrgyzstan, Brazil and Colombia. Powell, Lagarde, Ueda and Macklem will hold press conferences afterward. Reserve Bank of Australia Governor Bullock also speaks publicly. The Bank of Japan […] More
Central Bank Watch
Russian Interest rate Cut
October 24, 2025
The Bank of Russia’s policy interest rate was unexpectedly reduced by 50 basis points to 16.5%. The rate had been cut at each of the prior three reviews by a combined 400 basis points from 21% to 17%, and hopes of an early end to the war with Ukraine, which has been Russia’s main inflationary […] More
New Overnight Developments Abroad - Daily Update
September U.S. CPI Inflation a Tad Lower Than Forecast; Preliminary October PMI Survey Results Out Too
October 24, 2025
Only a discernibly worse U.S. inflation report than anticipated was likely to dampen high expectations of a Federal Reserve interest rate cut next week, and that danger has been averted. Although up 0.1 percentage point to an 8-month high of 3.0% in September, total consumer price inflation was below the consensus forecast of 3.1%, and […] More
