interest rates

The Federal Reserve hiked the US benchmark interest rates by a quarter of a point yesterday bringing the interest rates to 0.25% - 0.50%. For what was touted to be the 'Big event' of the year, the markets reacted rather calmly and for the…
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It's Fed day as the US FOMC concludes its two-day meeting. At 19:00 UK time, the Federal Reserve will be presenting its monetary policy statement including the Fed's staff economic projections. Expectations are for the Fed to hike the US…
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With the countdown to the US FOMC meeting due in less than a week, the markets got a glimpse of volatility yesterday as the US Dollar sold out strongly into yesterday's close since the start of the US trading session. If yesterday's price…
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The Reserve Bank of New Zealand is due to meet late this evening for its final monetary policy review for this year. Heading into the meeting, the expectations are for the RBNZ to deliver a 25bps rate cut, bringing down the benchmark…
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Friday's US jobs reports posted strong numbers overall, with the average monthly jobs gaining 271k, beating a conservative estimate of 181k average. The monthly unemployment rate also dipped a tick lower to 5.0%, indicating full employment,…
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The Reserve Bank of Australia is due to meet early tomorrow for its monthly monetary policy review. The decision for the interest rates at tomorrow's meeting is likely to be a very close call as recent inflation numbers could see the RBA…
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Last week saw the markets return to the main fundamental theme of monetary policy divergence. Just a few weeks after the ECB announced its intentions for further expanding the QE program at the December meeting, the Federal Reserve sent a…
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The Bank of England is due to meet today at 1100 GMT as expectations call for the BoE to keep its policy unchanged. Of particular interest will be the MPC votes which as of the last meeting saw one dissenter voting in favor of a rate hike.…
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The Reserve Bank of Australia, in its monthly monetary policy meeting today decided to leave interest rates unchanged 2.0% for the 5th consecutive month. The RBA's monetary policy statement stuck to the basics noting that the Australian…
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The September jobs report was one of the most disappointing print this year, with the exception of the seasonal weak print seen in March earlier. The US economy added 142k jobs below the average trend of 200k and missing estimates of 201k.…
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