26 July 2018
Markets and central banks
Is China shifting policy to devalue the renminbi?
Trade conflicts are currently raising the risk of another round of currency wars. Market suspicion about the People’s Bank of […]
26 July 2018
05 July 2018
Markets and central banks
The dove in the dots: paving the way for a US inflation overshoot
At the June Federal Open Market Committee meeting, policymakers raised the target range for the federal funds rate by 25 […]
20 June 2018
Markets and central banks
Update on ECB monetary policy
Mario Draghi pulled off another conjuring trick at the press conference following the monetary policy meeting of the ECB’s governing […]
18 June 2018
Markets and central banks
FOMC meeting June 2018
At the 13 June meeting, the Federal Open Market Committee raised the target range for the federal funds rate by […]
13 June 2018
Markets and central banks
Meeting of the ECB: What can we expect?
Once a year, the Governing Council of the ECB meets away from its base in Frankfurt. This year, the ‘away’ […]
17 April 2018
Markets and central banks
Kuroda begins second term at Bank of Japan
On 9 April, Haruhiko Kuroda began his second term as governor of the Bank of Japan (BOJ), facing a familiar […]
26 March 2018
Markets and central banks
FOMC March 2018 – Chairman Jay Powell opens his account
A new era for US central banking began on 20-21 March as Federal Reserve chairman Jay Powell presided over his […]
15 March 2018
Markets and central banks
On track for interest-rate normalisation
The first few months of 2018 have brought confirmation of continued synchronised above-trend global economic growth, lifting the long shadow […]
09 March 2018
Markets and central banks
Will the Fed change its policy framework?
Monetary policymakers at the Federal Open Market Committee (FOMC) have a problem and they have not been shy about highlighting it: […]
05 March 2018
Markets and central banks
US inflation on a rising trend
Our outlook for US inflation and growth has brightened considerably since the start of 2018, so we have lifted our […]
23 February 2018
Markets and central banks
January FOMC meeting minutes: change is coming, slowly
The minutes of the January Federal Open Markets Committee (FOMC) meeting reveal policymakers at the Federal Reserve becoming increasingly confident […]
06 December 2017
Markets and central banks
Goodfriend appointment advances Fed overhaul
The reshaping of the leadership at the US Federal Reserve (Fed), the central bank of the world’s largest economy and […]
12 October 2017
Markets and central banks
September FOMC minutes: clearing the decks for a hike in December
Here is how we read the minutes of the policy-setting meeting of the US Federal Open Markets Committee (FOMC) held […]
29 September 2017
Markets and central banks
Rate rises from the BoE? One, at the most two and they’ll be done!
The Bank of England (BoE) caught most market participants off guard when, after the meeting of its Monetary Policy Committee […]
14 September 2017
Markets and central banks
US bond yields yoyo in early September
The first full trading week of September 2017 saw US interest rates breach the lower end of their recent range, […]
13 September 2017
Markets and central banks
European banking: set to shrug off slow revenue growth
European banks have frequently been in the headlines of the financial media this year. We have seen bank bailouts in […]
18 August 2017
Markets and central banks
How big an influence does central bank policy have on listed real estate?
The performance of global listed real estate markets will be sensitive to how central banks behave over the next few […]
01 August 2017
Markets and central banks
Seen as more dovish, Janet Yellen shifts focus back to below-target inflation
Fed Chair Yellen, delivering testimony to the US Congress, had been expected to stick to her guns with a hawkish […]
