US Dollar:
1. US October CPI exceeded expectations across the board, reaching the threshold for a significant rate hike mentioned by Waller.
2. White House National Economic Council Director Hassett: The CPI report was disappointing.
3. Goldman Sachs expects the Fed to raise interest rates by 25 basis points each in December this year and March 2027, previously predicting a December rate hike.
4. Fed – ① Logan: The Fed needs to raise rates at least twice more, 25 basis points each time. ② Waller: Will support a 25 basis point rate hike next month, and 50 basis points if necessary. ③ Schmid: Current interest rates are quite loose; inflation remains the primary concern. ④ Bowman: Inflation still needs to be controlled, but the costs of further tightening policy need to be weighed. Core PCE is expected to rise 3.3% year-on-year in October. ⑤ Paulson: If the inflation situation worsens, the Fed will take more aggressive action. Further "gradual" rate hikes are appropriate. ⑥ Goolsby: October CPI is almost worrying; all options (regarding a possible 50 basis point rate hike) are open for discussion.
Pound Sterling:
1. Bank of England Deputy Governor Lombardelli: A December or February rate hike is not ruled out.
2. The Bank of England is considering adjusting the way UK government bonds are sold under the residual asset purchase mechanism.
Euro:
1. ECB President Kazax: Another rate hike may be needed in December.
2. ECB Governing Council member Nagel: If another rate hike occurs, the rate will be slightly restrictive.
3. ECB Executive Board member Cipolone: If negotiations drag on, the digital euro will face delays.
Others:
1. Central Bank of Brazil: Evidence of high interest rates suppressing economic activity is increasing.
2. Japanese government bond yields rose sharply today due to the sell-off of US Treasuries.
3. South Korea fined 15 financial companies $1.2 billion for alleged collusion in government bond auctions.
4. South Korea's exports in early November more than doubled year-on-year, and total annual exports are expected to surpass $1 trillion for the first time.
5. Bank of Thailand meeting minutes: Monetary policy should remain accommodative. Inflation is expected to rise for the remainder of this year and into early next year.
