On Friday, June 16 the Fed released the semiannual monetary policy report to Congress. The report is inclusive of data available through 16:00 ET on June 14. As such it doesn’t include the May data [...]
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 [...]
Over the last couple of days, we’ve seen key interest rates hiked in the Eurozone, left on hold in the U.S. and cut in China. All of which means that the global economic outlook [...]
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 global economy may have cooled but service sector activity is still firm and with unemployment so low, just modest growth can support upside pressure on wages and inflation. Even putting the U.S. [...]
