Tag Archives: Central Banks

Central Banks

More On The Fed Hiking IOER By 20 Basis Points
Posted By Jim Bianco  |  Newsclips

Yesterday the Fed raised interest on excess reserves by 20 basis points in an effort to bring the target rate back to the middle of their range. While this does not pose any immediate problems, it highlights the fact that the Fed has entered uncharted territory. Their understanding of these types of quirks will be critical to policy.... Read More

Central Banks

Understanding Fedspeak & The Summary Of Economic Projections
Posted By Greg Blaha  |  Newsclips

Yesterday's FOMC statement was one of the most straightforward in a long time.... Read More

Central Banks

Avert Your Eyes – The Eurozone Growth Picture is Grim
Posted By Peter Forbes  |  Newsclips

The Eurozone growth picture is getting uglier. The sharp drop in economic growth will test the will of ECB officials hoping to calmly declare an end to asset purchases next week.... Read More

Central Banks

Dovish Hold Likely from Bank of Canada
Posted By Peter Forbes  |  Newsclips

Persistent infrastructure struggles and weakness in housing may delay the Bank of Canada's next rate hike. ... Read More

Central Banks

Say Goodbye To The Fed’s Summary Of Economic Projections?
Posted By Greg Blaha  |  Newsclips

Both Bullard and Williams hint that the Fed's Summary of Economic Projections may eventually be discontinued.... Read More

Central Banks

Fed Tightening Cycle is Indeed Mature
Posted By Ben Breitholtz  |  Newsclips

The current tightening cycle has reached 462.5 bps, the largest on record since 1980. In other words, Powell et al may be facing a very mature hiking cycle. ... Read More

Central Banks

Understanding Fedspeak
Posted By Greg Blaha  |  Newsclips

The Fed's statements continue to get shorter and easier to understand.... Read More

Central Banks

Could The Fed Hike This Week?
Posted By Jim Bianco  |  Newsclips

Traders know this is a non-presser meeting, but the fact that the odds of a hike are still 35% show many believe a hike would be prudent. We wouldn't go so far as expecting a hike, but if the Fed ever wanted to make a move at a non-presser meeting, the markets may be giving them enough leeway to do so.... Read More

Central Banks

Jim’s View: The Oldest Story In Finance
Posted By Jim Bianco  |  Newsclips

The Fed is projecting six more rate hikes by the end of 2019. Risk markets are afraid this will lead to a repeat of the oldest story in finance - too many hikes will invert the curve and cause a recession. There will be opportunities for the Fed to moderate this stance, but so far they have shown no interest in backing down.... Read More

Central Banks

Timing The Rate Hikes
Posted By Jim Bianco  |  Newsclips

Expectations have been creeping higher for Fed hikes, but don't read too much into it just yet.... Read More

Central Banks

The FOMC Mentions Possibility Of More Rate Hikes, The Markets Remain Unconvinced
Posted By Greg Blaha  |  Newsclips

Yesterday's FOMC minutes showed many participants eyeing a faster pace of hikes than previously expected. The markets remain unconvinced.... Read More

Central Banks

The FOMC Meeting – Three Hikes vs. Four
Posted By Greg Blaha  |  Newsclips

While the median forecast for three hikes in 2018 remains unchanged in the latest Summary of Economic Projections, a close look at each dot shows how close the Fed was to projecting four hikes.... Read More