The People’s Bank of China is adopting a new approach to raising rates. What are the broader implications for China’s economy and global markets?
The Fed added language that its liftoff path is expected to be consistent with 2% inflation.
What has been the impact of the bank’s purchases, and what can we expect in the sterling credit market once the BOE withdraws?
There is a strong case for the ECB to continue tapering its QE programme, to alter its forward guidance and to begin normalising policy rates.
The Fed wants the option to hike in March but lacks the conviction to do so.
Does détente mean the greenback has already peaked?
How can the BOE justify doing nothing – holding interest rates steady and offering no strong view on the direction of monetary policy – while also increasing its growth forecasts, at a time when it already expects inflation to overshoot the target for the next three years?
The Fed kept rates on hold despite growing confidence that inflation will hit its 2% target.
Many view the Dow’s rise above 20,000 as a sign of optimism about the long-term economic growth outlook for the U.S. Yet the bond market is sending a different signal.
Minutes from the Federal Reserve’s 14 December meeting indicate the central bank has tilted in a hawkish direction. But that doesn’t mean the Fed is changing policy.