1. The People's Bank of China (PBOC) conducted reverse repurchase operations, resulting in a net withdrawal of 302.5 billion yuan. 2. The Central Bank of Azerbaijan set its key refinancing rate at 6.50%, up from 6.75%. 3. Sources indicate that the

2026-02-04

1. The People's Bank of China (PBOC) conducted reverse repurchase operations, resulting in a net withdrawal of 302.5 billion yuan. 2. The Central Bank of Azerbaijan set its key refinancing rate at 6.50%, up from 6.75%. 3. Sources indicate that the Bank of Japan will not intervene to rescue Japanese government bonds following the sharp decline in prices. 4. Federal Reserve's Barkin: Interest rate cuts support the job market; the inflation task still requires the final step. 5. A White House official stated that Federal Reserve Governor Milan has resigned as chairman of the White House Council of Economic Advisers. 6. Federal Reserve Governor Milan: Interest rate cuts need to be more than one percentage point this year; he will not over-interpret fluctuations in metal market prices; in the long term, he hopes the Federal Reserve's balance sheet will be smaller.