FOMC: Only 'some' further progress needed for September rate hike
Jul 29, 2015 20:31 pm UTC| Commentary Central Banks
The statement from the July FOMC meeting was very little changed compared with the previous meeting in mid-June but it included an important some in anticipation of the first rate hike: The Committee anticipates that it...
Mexico's inflation likely to accelerate
Jul 29, 2015 10:38 am UTC| Commentary Central Banks
Banxico recently adjusted its monetary policy meeting calendar in order to make a decision right after the FOMC meetings. Banxico will meet on July 30 that is one day after the todays Fed decision, which will be held...
BoE warns against financial services regulation
Jul 29, 2015 08:11 am UTC| Commentary Central Banks
Sir Jon Cunliffe, deputy governor for financial stability at the BoE, has warned against watering down financial services regulation to boost short-term growth. Barclays notes his statement that while some fine tuning...
Fed likely to take time to firm up rate hike decision
Jul 29, 2015 03:43 am UTC| Commentary Central Banks
For the FOMC tonight, its all about forward guidance. At Yellens congressional testimony two weeks ago, the Fed Chair neither ruled out a September hike, nor signalled September was a done deal. A September hike is...
FOMC preview: Fed to keep September hike in play
Jul 28, 2015 23:02 pm UTC| Commentary Central Banks
The Fed is unlikely to make any policy changes at this weeks FOMC meeting, which concludes tomorrow. However, we would see a FOMC statement asserting that economic activity has continued to expand and that underutilization...
FOMC meeting tonight, forward guidance in the spotlight
Jul 28, 2015 22:23 pm UTC| Commentary Central Banks
For the FOMC tonight, its all about forward guidance. At Yellens congressional testimony two weeks ago, the Fed Chair neither ruled out a September hike, nor signalled September was a done deal. The non-committal message...
Russia: CBR likely to pause in July
Jul 28, 2015 16:53 pm UTC| Commentary Central Banks
Russia financial conditions have been changing as global oil prices have declined rapidly in recent months, down nearly 25% since early May. The RUB has accordingly been hit, down 22% since mid-May and depreciating more...
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