Is the Fed right to lean towards investor optimism?
The Federal Reserve now believes it can have the best of both worlds: contain excessive inflation without pushing the economy into a recession. Powell surprised...
Category: Monetary policy
The Fed: Towards the End of the Rate Hike Cycle
The Fed has maintained its benchmark interest rate of 5.25% to 5.50% for a second consecutive meeting. The policy statement acknowledges the recent strength in...
The ECB takes a break
The European Central Bank has left interest rates unchanged for the first time in over a year after raising the deposit rate to a record...
FED decision: the market is still wrong
Federal Reserve Chairman Jerome Powell clearly indicated on Wednesday that the current cycle of rate hikes was nearing its end. However, he also confirmed that...
The ECB raises its rates and announces the end of the cycle
The rate for the main refinancing operations is thus increased from 4.25% to 4.5%, and the deposit rate is raised to 4%, up from the...
The ECB: “Should I stay or should I go”
Inflation in France accelerated in August, bolstering evidence of persistent pressures in the region. Consumer prices in the second largest economy of the Eurozone increased...
The ECB Lost in Translation
While Christine Lagarde acknowledged last week that inflation remains undefeated, she did not address the prospects for the meeting on September 14, thus allowing her...
What next for the ECB
The worsening economic slowdown in the eurozone is fueling bets on a September pause by the ECB The contraction of private sector activity in the...
The Fed continues to do the job
The Federal Reserve raised interest rates by 25 bps to the highest level since 2001. The unanimous decision by the FOMC raised the target range...