Does FOMC want to reaffirm a December liftoff?

Oct 28, 2015 06:16 am UTC| Commentary Central Banks

The FOMC would keep the economic assessment broadly unchanged and avoid references to the recent soft patch in the data. It could remove the reference to monitoring developments abroad following the assessment that the...

RBA likely to hold bank rates at current level

Oct 28, 2015 06:16 am UTC| Commentary Central Banks

The Reserve Bank board of Reserve Bank of Australia meets next week on November 3. The board is expected to keep rates on hold, states Westpac. The surprise drop in the inflation measure is not unique and, in the past, the...

If the FOMC wants to move away from a December liftoff?

Oct 28, 2015 06:12 am UTC| Commentary Central Banks

First, the Fed could insert a phrase that the pace of job gains moderated. The Committee used a similar phrase in April to signal that a June liftoff was becoming less likely. Second, it would probably keep the sentence...

FOMC contemplating a hike in October meeting seems unlikely

Oct 28, 2015 06:08 am UTC| Commentary Central Banks

It is very unlikely that the FOMC will contemplate a hike at the upcoming gathering. More critically, officials will have to decide whether they still consider a December rate hike as likely and, if so, come up with a game...

BoE's focus on UK CPI inflation

Oct 28, 2015 04:08 am UTC| Commentary Central Banks

In the three months to August, UK employment was 0.5% higher compared to the three months to May. The last observation in Q3 is still missing but this suggests that there was no productivity growth in Q3 (employment and...

Australia's core inflation set to fall below RBA target

Oct 28, 2015 04:04 am UTC| Commentary Central Banks

The headline CPI of Australia lifted 0.5% in Q3. Whereas, market was expecting for 0.7%. The annual rate is flat at 1.5%yr compared to 1.3%yr in Q1, 1.7% in Q4 and 2.3%yr in Q3. The core measures, which are seasonally...

FOMC Meeting: Preparing for December in October

Oct 28, 2015 00:05 am UTC| Commentary Central Banks

It is very unlikely that the FOMC will contemplate a hike at the upcoming gathering. More critically, officials will have to decide whether they still consider a December rate hike as likely and, if so, come up with a game...