US Dollar:
1. Trump: Powell must cut interest rates more than he intends.
2. The U.S. Bureau of Labor Statistics is hiring part-time staff to collect information for CPI data.
3. A Michigan official stated: There is no evidence that Fed Governor Tim Cook violated the primary residence declaration requirement.
4. The Federal Reserve's September interest rate meeting roster has been finalized: Milan's nomination has been approved, and Cook's dismissal order has been overturned.
5. Former St. Louis Fed President James Bullard has expressed his willingness to take over the Fed, arguing that a cumulative 75 basis points of interest rate cuts by the end of the year is reasonable.
6. U.S. Treasury Secretary Bensont: No Fed officials have been interviewed during the blackout period.
Euro:
1. ECB President Christine Lagarde: Institutional independence is a key source of stability and trust. The issue of independence goes far beyond monetary policy.
2. ECB Governing Council member Christine Kocher: The ECB's current interest rate is appropriate and should remain unchanged. He advises the ECB to remain cautious and not rush into policy changes.
3. ECB Governing Council member Ivan Kazimir: There are also upside risks to inflation. Policy should not be altered simply because of a small deviation from the inflation target.
4. ECB Executive Board member Schnabel: Current interest rates should be maintained. The pass-through effect of a stronger euro on inflation will be limited.
5. ECB Board member François de Villeroy: French economic growth remains positive, but not yet robust enough.
6. The Bank of France projects economic growth of 0.7% in 2025 (down from 0.6% in June), 0.9% in 2026 (down from 1% in June), and 1.1% in 2027 (down from 1.2% in June).
Japanese Yen:
1. The US import tariff on Japanese autos will be reduced to 15% starting at 00:01 EST on the 16th (13:01 JST on the 16th).
2. Japanese Chief Cabinet Secretary Yoshimasa Hayashi: We are satisfied with the continued implementation of the US tariff agreement.
3. Japanese Finance Minister Katsunobu Kato: We are closely monitoring the economy and financial markets and will continue to coordinate with the Bank of Japan and relevant government agencies. 4. Japanese Minister of Economic Revitalization Ryomasa Akazawa: Monetary policy decisions should be made by the Bank of Japan. It is hoped that the Bank of Japan will implement a price-targeting policy.
5. Japanese House of Representatives Member Takayuki Kobayashi: Monetary policy is determined by the Bank of Japan, but if Japan enters a growth phase, policy changes are expected.
Other Major Non-US Currencies:
1. South Korean Prime Minister: Talks have been held with the United States regarding the initiation of a currency swap if necessary.
2. South Korean Foreign Minister: A currency swap with the United States was a proposal made during trade negotiations between the two sides.
3. South Korean Presidential Office: US-South Korea tariff negotiations have reached a difficult impasse. The goal is to resolve tariff negotiations with the United States as soon as possible, but will not be pressed by deadlines.
4. Reserve Bank of Australia Assistant Governor Hunt: We are very close to our inflation and employment targets and will remain on the sidelines.
5. Reserve Bank of Australia Deputy Governor Hauser: The Australian dollar has always been a well-functioning "natural" hedge against global risk assets. Total foreign exchange hedging could double to $1 trillion over the next 10 years. Others:
1. The Bank of Thailand has instructed gold shops to monitor gold transactions conducted in Thai baht, citing potential illegal activity.
2. A senior Indonesian minister announced a new economic stimulus plan to boost the economy in the fourth quarter of 2025 and 2026.
3. Argentina projects a trade deficit of 5.751 billion euros by 2026, according to a draft budget; the Argentine peso is projected to fall to 1,423 per dollar by the end of 2026.
4. The International Monetary Fund predicts that Vietnam's economic growth will slow to 6.5% in 2025 due to the impact of US tariffs.
