U.S. unemployment declines to near-decade low in November, adds certainty over Dec Fed rate hike
Dec 05, 2016 05:17 am UTC| Commentary Economy Central Banks
The unemployment rate in the United States dropped to near decade-low during the month of November, adding further certainty over the Federal Reserve December interest rate hike. Further, the countrys non-farm payrolls...
Fed's Beige Book upholds outlook for Dec rate hike, shows little change in underlying path of growth
Dec 01, 2016 14:41 pm UTC| Commentary Economy Central Banks
The U.S. Federal Reserve released its Beige Book on Wednesday which has little to suggest a significant change in the underlying path of growth in the economy. The Beige Book, a compilation of anecdotal evidence on...
U.S. Fed’s November meeting minutes confirm rate hikes coming soon, says TD Economics
Nov 24, 2016 06:20 am UTC| Commentary Central Banks
The FOMCs November meetings minutes showed that most of the participants saw that the U.S. economic outlook was rebounding and that inflation is moving towards the central banks target rate of 2 percent. The minutes noted...
December US Fed Interest Rate Hike – First of Many?
Nov 21, 2016 18:51 pm UTC| Commentary Central Banks
It has been a busy month for the United States and as the furor over the election dies down its impact on the global financial market is still ongoing. With so much still up in the air and investors wary of how the...
Fed’s November minutes likely to solidify December rate hike expectations
Nov 21, 2016 15:20 pm UTC| Commentary
The minutes of the November Federal Open Market Committee (FOMC) meeting in which the Fed left rates unchanged will be released on Wednesday this week. At the meeting, Fed said that the case for higher rates continued to...
FOMC monetary policy November 2016: Assessing future bias
Nov 03, 2016 08:40 am UTC| Commentary Central Banks
Yesterday, FOMC policymakers preferred to keep policy steady and not to go for a hike. This was somewhat expected given the division among policymakers and the meeting concluding just days before the US election. Lets...
Fed Hike Aftermath Series: How likely is November hike from Fed?
Oct 25, 2016 11:31 am UTC| Commentary Central Banks
The rate hike odds for 2016 have reached a five-month high yesterday at 70 percent and all the economists surveyed by Bloomberg believe that Fed will hike once this year. However, opinions are divided over the next two...
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