FICC CoreMacro Strategy Report

Central Bank Monitor Update: Trade Uncertainty Dominates

Jeremie Peloso, Chief Strategist Robert Timper, Chief Global Fixed Income Strategist Deborah Acri, Senior Analyst Sarman Chandhok, Research Associate

Monetary Policy Fixed Income

Publicado en

12 May 2025

The easing bias remains, but not all central banks are equal. This Central Bank Monitor update reveals who is ready to cut more and who is still pretending not to.

¿Interesado en el Resumen Ejecutivo de este informe?

Obtenga acceso instantáneo a este Resumen Ejecutivo de BCA Research.

Investigación BCA | FICC

One macro framework for rates, FX, credit, and commodities, helping investors connect cross-market signals and position with clarity and conviction.

Más información

The BCA Way

Our Philosophy, Your Edge

Discover More

Contenidos

Executive Summary
US Federal Reserve: Transitory For Real This Time
European Central Bank: Unmistakably Dovish
Bank Of England: Expect More Cuts
Bank of Japan: Land Of The Rising Rates
Riksbank: A Dangerous Wait-And-See Approach
Norges Bank: The Hovering Hawk
Swiss National Bank: On The Highway To Negative Territory
Bank Of Canada: Still Leading The Fed
Reserve Bank Of Australia: Late To The Easing Race
Reserve Bank Of New Zealand: Already Priced In

Central Bank Monitor Update: Trade Uncertainty Dominates

¿Interesado en el Resumen Ejecutivo de este informe?

El informe completo y más análisis están disponibles para los suscriptores de BCA Research. FICC

FICC

Gracias por su solicitud