October 2025 FOMC Meeting Preview October 29, 2025 A second consecutive 25-basis point cut of the federal funds rate target range to 3.75-4.00% is pretty universally expected after today’s 7th of eight 2025 scheduled policy reviews by the Federal Open Market Committee. At the first five reviews this year, monetary easing was on pause because…
A Very Busy Three Days Ahead October 29, 2025 The final three days of October are full of events that financial markets are following closely: A slew of companies are reporting 3Q earnings, including META, Alphabet, Microsoft, Caterpillar, UBS, CVS, Starbucks, ADP and Verizon. Nvidia beat expectations, sending its stock up 5% overnight thus far….
Krygyzstani Central Bank Interest Rate Cut October 28, 2025 There’s been a 75-basis point increase in the National Bank of Kyrgyzstan’s policy interest rate to 10.0%. This move follows an initial 25-bp increase in July, and together these moves unwind one percentage point of the 500-basis point reduction implemented in three steps between November 2022…
Attention To Trump’s Continuing Asian Tour but Also Upcoming Central Bank Decisions October 28, 2025 U.S. President Trump and Japan’s new prime minister, Sanae Takaichi, apparently hit it off very well. After inking deals on trade and rare earths, President Trump proclaimed the United States to be “an ally at the strongest level” of Japan….
Hopes Up that China-U.S. Truce on Trade Will Extend Beyond November 1st October 27, 2025 (168) Reports have been optimistic out of Asia where U.S. Treasury Secretary Bessent and his Chinese counterparts have been holding talks that will lead to a broader truce to be signed at the end of this week by Presidents Trump…
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…
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…
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…
Turkish Central Bank Interest Rate Cut to 39.5% October 23, 2025 A one-percentage point reduction of the Central Bank of Turkey‘s 1-week repo rate to 39.5% today is also aligned with market expectations. The rate had been as high as 50% from March 2024 though January of this year. But today’s rate drop was smaller…
Interest Rate Decisions in Korea, Turkey and Ukraine Today Were As Expected October 23, 2025 While a planned meeting between President Trump and Xi next week in South Korea is back on schedule, the get-together between Trump and Putin planned for Budapest remains canceled due to Russia’s intransigence against negotiating an end to the war…