Rate hike

The Bank of England's monetary policy meeting last week saw the central bank leaving interest rates unchanged in a widely expected move. The BoE however signaled that it would stick to its previous plan of another rate hike in the May…
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The Norwegian central bank held its monetary policy meeting last week. As expected, interest rates were left unchanged at 0.50%. The central bank however, lifted the rate path which was in line with market expectations. "The outlook for…
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The US CPI increase or Consumer prices were seen to be rising more than expected during the month of January, official data showed last week. Headline CPI increased 0.5% on a month over month basis while core inflation rate rose 0.3% on the…
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Will the Bank of Canada hike it's rates on this coming Wednesday? Some say it should and will. Others think rates should be kept on hold due to heightened uncertainty surrounding negotiations about the North American Free Trade Agreement.…
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The Bank of England governor, Mark Carney in a speech last week cautioned that inflation in the UK would rise above 3% in the few months. The comments came after earlier in the week, official data showed that consumer prices in the UK rose…
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Wednesday’s announcement and forecasts by the Federal Reserve Open Market Committee provided USD bulls with a much-needed boost after it was revealed that 12 of the 16 members of the FOMC are expecting one more Fed hike before year-end.…
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After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable…
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The US Jobs Report came in with a positive surprise across the board, most of the numbers came in higher than expected, despite the fact that many of the employment components that were released for the past few weeks were pointing to a…
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Another week has passed, and the US Dollar continues to lose ground, despite the fact that there were some positive economic releases at the end of the week. Yet, the US Dollar Index tumbled to the lowest level since June of last year and…
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After weeks and months of denying that the economic slowing down is transitory, we get more and more signs that the US economy is indeed slowing down, which in return would hold off the Fed from raising rates this year. Today, almost the…
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