Continued tepid wage growth could restrain spending Noted risks from China, Mideast, Ukraine, Greece Many officials leaning toward keeping rates lower for longer, given weak inflation and other risks Policymakers want mo…
By FxWirePro Team
1 min read
Continued tepid wage growth could restrain spending
Noted risks from China, Mideast, Ukraine, Greece
Many officials leaning toward keeping rates lower for longer, given weak inflation and other risks
Policymakers want more evidence of continued growth and signs of inflation picking up before liftoff
Actions by foreign central banks (ahem, ECB) have improved the outlook
Will keep close watch on measures of inflation expectations, but still regard weak prices as likely transitory
"The increase in the foreign exchange value of the dollar was expected to be a persistent source of restraint on U.S. net exports, and a few participants pointed to the risk that the dollar could appreciate further"
SAFE reported a $378.0 billion current-account surplus for the first half of 2026; the central bank's Oct. 26 midpoint was 471 pips weaker for the yuan than a Reuters estimate.
