Donald Trump swept into office riding a pledge to bring manufacturing jobs back to the United States through a combination […]
The decision on 14 December 2016 by the FOMC to raise the target range for the US federal funds rate […]
The Carrier Corporation’s decision to limit planned offshoring of jobs to Mexico is unambiguously good news for the workers involved. […]
The election of Donald Trump as the next US President has led to a significant regime shift in the outlook […]
Since late March 2016, the People’s Bank of China (PBoC) has set the reference US dollar renminbi exchange rate (CNY) […]
In recent months, many investors have greatly reduced the odds of the Federal Open Market Committee (FOMC) maintaining a steady […]
Just two months after starting a policy tightening cycle in December, the Federal Open Market Committee (FOMC) finds itself in […]
The January 2016 FOMC minutes portray a Committee wrestling with a more uncertain economic and policy outlook due to tighter […]
On 16 December 2015 the Federal Open Market Committee (FOMC) took the historic step of raising the target range for […]
There was very little new information about the policy outlook in the December FOMC meeting minutes. On the surface, it […]
Weak global demand, low energy commodity prices and a strong US dollar have continued to put pressure on the US manufacturing and mining sectors in the US.
The FOMC appear to be attempting to ‘stick the landing’ despite the predicted challenge of a two-tenths fall in the unemployment rate in the next 2 years.
The FOMC strengthened its language towards the possibility of a rate hike and gradual policy normalisation in the 16-17 October meeting statement.
Recent surveys revealed that monthly jobs growth has averaged under 150 000 over the past 2 months, down from 200 000 in the first half of the year.
The FOMC decided upon a hawkish hold at the September meeting, instead of beginning policy normalisation, releasing a subdued projection for policy rates.
The July Federal Open Market Committee minutes reflect doubt over Fed Chair Yellen’s approach to the inflation outlook and downside risks to growth.
The FOMC note that a policy rate rise would occur with an improvement in the labour market, likely to be in September, followed by a gradual normalisation.
Despite headwinds from the crisis now fading, evidence shows a decline in the US growth rate as these issues prove to be more persistent than first thought.