Federal Reserve (FED)

The U.S. Senate confirmed the economist and President Trump's nominee Dr. Richard Clarida as the vice-chairman of the U.S. Federal Reserve. Dr. Clarida is a strategic adviser for Pimco since 2006, the bond fund manager, and a Columbia…
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The U.S. economic growth was seen rising sharply during the second quarter of the year, which was more than previously estimated. The gains came despite a modest decline in a key measure of the corporate profits compared to the previous…
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The European Central Bank held its monetary policy meeting last week on Thursday. As widely expected, the central bank did not make any changes to its monetary policy, leaving interest rates and QE purchases unchanged. The base…
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The Federal Reserve is widely expected to raise the Federal Funds Rate today, from 1.75% towards 2.00% benchmark points. Exactly at 18:00 GMT the FED will issue a statement, which will contain the interest rate outlook, along with its…
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The President of The Cleveland Federal Reserve Bank, (known to be a hawk in the FOMC) Loretta Mester aims to maintain Fed's course, stating that the central bank must continue its gradual approach to raising interest rates as the inflation…
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In Wednesday’s Federal Reserve policy statement, the US central bank indicated that: “Inflation on a 12-month basis is expected to run near the committee’s symmetric 2 percent objective over the medium term”. The reference to symmetric…
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The European Central Bank released its monetary policy meeting minutes last week for the meeting that was held earlier in March this year. Policymakers expressed concerns on the risks of a full fledged trade war against the United States…
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The Federal Reserve policy maker, Loretta Mester has stated that the central bank should continue raising the interest rates for the remainder of this year and the year ahead. She said that the rate hikes will help the U.S. economy from…
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The month of March saw the Federal Reserve Bank hiking interest rates by 25 basis points in a highly anticipated move. The central bank signaled that it would stick to three rate hikes this year amid speculation that the Fed could move for…
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The Federal Reserve is widely expected to raise interest rates by 25 bps in today’s meeting. Markets are fixated on whether the central forecasts of FOMC members will shift towards signalling 4 rate hikes this year from the current forecast…
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