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A version of this piece originally appeared in the Financial Times on 19th June, 2019. Central banks around the world are pivoting toward easier monetary policy. In some countries, this means rates are falling below previous record lows, and in the U.S., the Federal Reserve has pause...
Wednesday's FOMC statement and Fed Chair Powell's press conference may have satisfied those looking for US rate cuts later in 2019. However, we see in both the statement and the press conference an uncharacteristic reluctance to react pre-emptively. This is despite a lowering of the central pr...
By James Knightley The Fed has opened the door to rate cuts, but it may not be as aggressive as the market expects. For now, we're sticking to our recently revised forecast for rate cuts in September and December, but if the data deteriorates and President Trump and President Xi's mee...
By Collin Martin The Federal Open Market Committee ((FOMC)) - the Federal Reserve's policymaking arm - held its target range steady on Wednesday, maintaining the 2.25% to 2.5% target range for the Federal Funds rate. This was widely expected by the markets. The next move by the Fed is li...
Today's Federal Open Market Committee ((FOMC)) meeting was decisively and deliberately dovish. This was about as far as the U.S. Federal Reserve (the Fed) could have gone without actually cutting interest rates at the meeting's conclusion. In the statement accompanying the meeting, the com...
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...
Updated for imminent rate cuts and latest FOMC statement (June 19) Rate cuts will be insurance against whatever "trade wars" will throw at the global economy. That's the current line from monetary officials in the US, anyway. The real question to ask is, how would they know? Starting with ...
The US Federal Reserve keeps interest rates unchanged, but opens the door to future rate cuts amid rising economic uncertainty. Anthony Okolie talks with James Orlando, Senior Economist, TD Bank Read more ...
Originally published on June 19, 2019 By Ansh Chaudhary European Central Bank President Mario Draghi announced yesterday that the bank "could roll out fresh stimulus as soon as July, sending the euro lower against the dollar and prompting an unusual rebuke from President Trump," write...
By Frank Shostak "When interest rates are low central banks don't have much room to maneuver to deal with a crisis," the New York Fed President John Williams said on Wednesday, June 6, 2019. In addition, according to Williams, "if inflation falls, central banks will have even less room t...