markets wire
按立场 · 2 视角 本期全站
Bloomberg · United States · Bank of Russia trims to 14.25%, a deliberately small cut after Putin pushed for more
Reads the move as a hawkish surprise: with inflation easing, markets expected 50bp, but the bank flagged a more stimulative budget path that may require tighter money than its baseline through 2029.
“Russia surprises with a smaller rate cut even as inflation eases.”
Bloomberg · United States · PBoC adds an overnight reverse repo, pushing China toward a price-based policy rate
Casts the tool as the next stage of a multi-year pivot to overnight rates as the primary lever, complementing the 7-day reverse repo benchmark and aligning the PBoC more closely with the Fed and ECB.
“PBOC plans overnight reverse repo in next stage of policy shift, the debut follows Governor Pan Gongsheng's pledge to introduce overnight repos.”