The Fed keeps its rates unchanged
Policymakers left interest rates unchanged at 5.25% to 5.5%, the same level they have been since July. Jerome Powell maintained hope for a cut this...
Category: Monetary policy
US interest rates, back to the realities
The Fed’s view that the recent high inflation figures were transitory must now be reassessed. After a third consecutive month of price increases and the...
FED leaves rates unchanged and remains vague about the future
Interpreting the Fed’s decision is more complicated than what the market wanted to take away. The good news is that Fed officials maintained their forecast...
BOJ opens a new era
The Bank of Japan has ended the most aggressive monetary stimulus program in modern history, removing the last negative interest rate in the world and...
The Fed will take a pragmatic and data-dependent approach
Rates rose in 2022 and 2023 at the fastest pace in four decades as the central bank sought to contain inflation. Today, as price pressures...
And if the Fed doesn’t cut rates
The only question on investors’ minds today is how soon the Fed will begin cutting interest rates and by how much.After a strong jobs report,...
Divergence in monetary policy ahead
As national factors take precedence over global trends, divergences emerge among the monetary policies of major economies. Pioneering inflation targeting in the early 1990s, New...
The Fed Keeps Rates Steady and Warns Against a March Cut
The Federal Reserve kept interest rates unchanged for a fourth consecutive meeting. The decision to leave the target range for the federal funds rate unchanged...
The ECB needs to set a course
Last week, several ECB members were responsible for pushing back expectations regarding the speed at which borrowing costs would decrease. The message got through, and...