interest rates

Tomorrow we have what could be one of the biggest events for the Mexican peso so far this year. Banxico must decide what to do with the interest rate. Mexico's central bank is between a rock and a hard place. Inflation is quite high, but…
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The economic calendar for the week ahead will start off a new trading month. Focus shifts to the important economic indicators for the month of May. These will shed light on how the global economy has fared amid a lot of uncertainties in…
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The economic data over the week covered the retail sales report for January and inflation data. The data sets the expectations for the FOMC meeting due tomorrow. Following the weak jobs report in February, the US economic outlook is…
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The Bank of Canada held its monetary policy meeting last week on Wednesday. As widely expected, the central bank left the key interest rates unchanged amid a sudden and a sharp slowdown in the nation’s economic growth in the final months of…
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The Fed Chairman, Jerome Powell gave his semi-annual two-day testimony to the U.S. Congress last week. In his testimony, Powell defended the central bank’s monetary policy actions and urged patience in its approach to interest rate hikes.…
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The European Central Bank will be holding its monetary policy meeting this week on Thursday. This will mark the second meeting this year. Expectations are for the ECB to start laying out plans for relaunching the Targeted Long Term…
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The Bank of Canada will be holding its monetary policy meeting this week. Given the recent patch of economic data, it is unlikely that the central bank will be pushing for rate hikes. The OIS money markets are also signaling no change to…
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The week ahead will see central bank meetings from the Reserve Bank of Australia and the Bank of Canada. Both the central banks are expected to leave interest rates unchanged. On the economic front, the fourth quarter GDP results from…
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The month of February did not spring any surprises. The central bank meetings did not surprise with officials maintaining the official narrative, albeit a bit cautious. In the UK, the Brexit uncertainty continued into February with still…
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The U.S. Federal Reserve released the meeting minutes from the monetary policy meeting from early January. The central bank’s minutes showed that officials discussed ending the reduction in the central bank’s balance sheets before the end…
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