US Dollar: 1. The Federal Reserve plans to significantly reduce the scope of its oversight of banks' safety and soundness. 2. Federal Reserve – ① Trump hints that the Fed chair has been chosen, complaining about obstacles preventing the firing of P

2025-11-19

US Dollar: 1. The Federal Reserve plans to significantly reduce the scope of its oversight of banks' safety and soundness. 2. Federal Reserve – ① Trump hints that the Fed chair has been chosen, complaining about obstacles preventing the firing of Powell. ② Barkin: Agrees with Powell's view that a December rate cut is not a certainty. ③ Bessant: Trump may announce the next Fed chair before Christmas. ④ Barr worries that the Fed's deregulation could lead to risk accumulation and create a potential crisis. Pound Sterling: 1. A Times poll shows that nearly half of Labour voters want British Prime Minister Starmer to leave the Prime Minister's residence before the next general election. 2. Bank of England Chief Economist Peel: The situation of inflation exceeding the target should not be ignored. Future inflation will decline. The committee believes the neutral interest rate is between 2% and 4%. Japanese Yen: 1. Japanese government economic strategy advisor: The Bank of Japan is unlikely to raise interest rates before March. 2. Bank of Japan Governor Kazuo Ueda, Finance Minister Satsuki Katayama, and Economy Minister Minoru Jonouchi met at 17:10 Beijing time. 3. The Bank of Japan governor said yesterday after meeting with Sanae Takaichi that the central bank is still gradually adjusting the pace of monetary easing, implying a firm intention to raise interest rates.