FED Hike Aftermath Series: Hike probabilities review post Yellen testimony
Jun 22, 2016 10:01 am UTC| Commentary Central Banks
Federal Reserve Chair Janet Yellen said she would carefully gauge when to raise rates again as the central bank will have to assess that economic growth is on theright track and labour market conditions are improving after...
Fed provides little forward guidance on timing of a rate hike
Jun 16, 2016 16:59 pm UTC| Commentary Central Banks
As widely expected, the US Federal Reserve left the Fed funds target range unchanged at 0.25 to 0.50, postponing further monetary tightening. This is the fourth straight meeting in which the FOMC has decided against a rate...
FED Hike Aftermath Series: Rate hike expectations disappear from 2016
Jun 16, 2016 07:16 am UTC| Commentary Central Banks
After a relatively dovish FED yesterday, where participants reduced their forecast for interest rates in 2017 by 30 basis points and 60 basis points for 2018, rates market backed away from pricing a hike this year. FOMC...
FED hike aftermath Series: Hike probabilities review ahead of FOMC
Jun 15, 2016 10:37 am UTC| Commentary Central Banks
Market participants just scaled back their expectations of interest rate rise from the Federal Reserve after Mays payroll report showed job gains of just 38,000 and previous two gains revised down by 59,000. Today,...
Fed’s May LMCI slides on poor employment report, likely to further delay the rate hike
Jun 07, 2016 06:03 am UTC| Commentary Central Banks
The Federal Reserves Labor Market Conditions Index (LMCI) slid in May, following a poor performance from the labor market that too registered a decline in the same month, adding too few jobs into the US economy, slashing...
Fed’s Yellen seems positive on economic outlook, shrugs labor market concern
Jun 07, 2016 05:21 am UTC| Commentary Central Banks
The United States Federal Reserve Chair Janet Yellen, while speaking at an event in Philadelphia, affirmed her conviction of positivity on the overall outlook of the US economy, while warning that investors and other Fed...
June hike off the table, Fed to seek more evidence before pushing rates higher
Jun 06, 2016 10:58 am UTC| Insights & Views Central Banks
Non-farm payrolls report for May released last Friday showed US employment growth slowed sharply to 38k jobs in May which was weak even after adding back the 35k striking Verizon workers. Revisions to previous payroll data...
Leonardo da Vinci’s incredible studies of human anatomy still don’t get the recognition they deserve
South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s