There was very little new information about the policy outlook in the December FOMC meeting minutes. On the surface, it […]
US Federal Reserve announced it would raise short-term interest rates for the first time since the financial crisis.
If investors were expecting a quiet week ahead of the December 16 Federal Open Market Committee (FOMC) interest rate decision, […]
The end of the year is often a time of lists. It is also a time to look back as […]
The major event of the week beginning 7 December 2015 was the European Central Bank (ECB) meeting on 10/12/15, which […]
The ECB proposed several measures to support the eurozone economy and bring inflation closer to its target at the 3 December meeting.
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.
Despite Mario Draghi’s reserved statement, the Fed looks set to take the first step towards normalising US monetary policy, finally diverging from the ECB.
The October FOMC minutes seem to suggest a higher level of confidence to start policy normalisation in December, despite certain earlier data weaknesses.
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.
Markets have continued their grind upwards over the week commencing 19 October, marking a good period for risky assets as the ECB will have wanted.
CPI prints for Germany, the UK and the US have all told a similar story: headline inflation is neutral to falling, while core inflation is rising modestly.
An overview of the Inquire Europe and UK joint Conference in Athens on 4 to 6 October 2015.
Minutes of the 16-17 September FOMC meeting, published on 8 October, showed a Committee struggling to deal with the ambiguity of recent US economic data.
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 Bank of England’s chief economist Andy Haldane thinks aloud about money and the future of monetary policy.
Greece is becoming cautiously opptimistic as Alexis Tsipras eases out former Finance minister, Yannis Varoufakis, replacing him with Euclid Tsakalatos.