Stubbornly high inflation and accelerating wage growth would seem to leave the BoE with little choice but to hike Bank Rate for what would be a thirteenth consecutive meeting on Thursday. The market consensus is [...]
Note that week starts with a federal holiday on Monday, although Juneteenth will not be universally observed. Some employers will give the holiday in the July 3 week to make a four-day weekend of July [...]
Almost without exception, official comments since the May policy meeting have indicated that Governing Council (GC) members think key interest rates need to be higher if inflation is to be brought back under control. This [...]
The central question of the June 12 week is if the FOMC will pause in the current rate hike cycle at the end of the June 13-14 meeting or will it decide on another 25 [...]
Will the FOMC leave the fed funds target range unchanged at the conclusion of the June 13-14 meeting? Or will it opt for another increase of 25 basis points to reach the highest since 5.25 [...]
The June 5 week is a quiet one with few data releases on the calendar and nothing likely to be of market-moving impact. Fed policymakers will be out of the public eye during the communications [...]
The May 29 week starts with the Memorial Day observance on Monday when US debt and equity markets are closed. The four-day workweek has a concentration of economic reports related to the labor market. However, [...]
The minutes of the FOMC meeting of May 2-3 will be released on Wednesday at 14:00 ET. In the immediate wake of the FOMC statement there was optimism that Fed policymakers were leaning toward a [...]
The pivotal piece of data in the May 15 week should be the release of retail and food services sales for April at 8:30 ET on Tuesday. As the earliest data for the second quarter [...]
The April senior loan officer opinion survey on bank lending practices was presented to Fed policymakers at the May 2-3 FOMC meeting. It shows tighter standards and weaker demand for commercial and industrial loans (C&I) [...]
