Anxiously watched by markets, the decision was taken by the Fed not to hike rates at the September FOMC meeting, despite recent economic improvements.
With recent economic data being generally supportive of a tightening, all eyes are currently on the Fed over the possibility of a historic change in policy.
The low inflation environment looks set to stay as the ECB targets the ambitious goal of maintaining rates below but as close to 2% as possible.
Will the Fed raise interest rates to signal the ‘progress in healing the trauma of the financial crisis’ that chair Yellen announced in June 2015?
Global central banks have reacted to the PBOC’s announcement to devalue the Chinese yuan, with several signs of discomfort towards the policy action.
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.
China’s recent renminbi devaluation should not be seen as the latest policy tool in dealing with weak growth and deflation pressures, argues economist Chi Lo.
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.
Much like in America, the Canadian GDP slowed in the first quarter of 2015, yet several factors make the developments in Canada more worrisome.
This week’s chart of the week comes from the 85th annual report of the Bank for International Settlements (BIS), an […]
Since ECB president, Draghi’s ‘bumble bee’ speech, we have seen the return of volatility and can expect a tightening of ECB committment to the euro.
Much like a car crash on a road, we cannot help but take note of Greece’s dismal situation, which continues to have knock-on effects on global markets.
Over the last few quarters, the provision of liquidity by central banks and bouts of risk aversion (i.e. abrupt switches […]
The statement published after the Federal Open Market Committee (FOMC) meeting on 17 June 2015 was largely in line with […]
What a difference a few weeks make. Since mid-May, much of the concern over the loss of momentum in the […]
In the first week of June, volatility in European and US sovereign debt markets picked up again after a two-week […]
A rout is a chaotic and disorderly retreat or withdrawal of troops from a battlefield, resulting in the victory of […]