monetary policy

The latest revised GDP estimates showed that the U.S. economy advanced at an unrevised pace of 3.5% in the three months ending September. The data was the same as per the preliminary GDP estimates. Growth is seen to be on track to hit the…
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The European Central Bank released its monetary policy meeting accounts last week. The minutes cover the ECB's monetary policy meeting held on October 24 - 25. The Central Bank did not announce any major policy decisions at this event.…
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The previous article gave a background about the fed funds futures rate and how it affects the interest rates down the line. From a trader's perspective, understanding the path of the rate hikes can help in many ways. From a day trading…
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The Federal Reserve held its monetary policy meeting last week on Thursday. The first meeting after the U.S. mid-term elections and the stock market rout in October. The central bank maintained the interest rates unchanged at 2.0% - 2.25%…
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The Bank of Japan held its monetary policy meeting last week on Wednesday. As widely expected, the central bank held its monetary policy and QE unchanged. Speaking at the press conference, the BoJ Governor Kuroda cautioned the risks of…
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The Bank of Canada held its monetary policy meeting last week on Wednesday. Amid a resilient economy, rising inflation and the recently lifted clouds of uncertainty over trade, the BoC was seen hiking interest rates in a…
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The European Central Bank held its monetary policy meeting last week on Thursday. As widely expected, the ECB kept its interest rates unchanged but signaled that the central bank was entering the final leg of its bond purchase program.…
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Traders are going to be looking very closely at the release of the latest GDP data from the US, which is scheduled for release 8:30 EST (14:30 CET) on Friday. It's "advance" data, meaning that this is the first reading and could be slightly…
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President Donald Trump, on Tuesday last week once again expressed his displeasure with the Federal Reserve. In an interview last week, Trump said that the Fed is hiking interest rates too fast. At the same time, the President said that…
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Jerome Powell, the chairman of the U.S. Federal Reserve, in comments last week said that there was no evidence that the labor market was at risk of overheating. Speaking at an event in Boston, Powell gave his prepared remarks and brushed…
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