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Showing 11 - 20 of 37 results for "June meeting"

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... but we're getting close. The CME FedWatch Tool shows that the odds of a Fed rate cut have increased - at its June meeting to 27.6% currently from 8.2% a month earlier; at its September meeting to 42.9% from 9.9%; and, at its December meeting to 40.8% ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... yields to safe-haven buying. The FOMC minutes revealed that "participants" discussed the flattening yield curve at the June meeting - some were concerned, others tried to explain it away. "Some participants noted that such factors might temper the reliability ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... (2.1%) is virtually within the BOE's 2% target. Apart from the one additional vote for an immediate rate hike, the June meeting also produced a change in the forward guidance on taper: "the MPC now intends not to reduce the stock of purchased assets ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
... two (instead of one) more rate hike this year. The European Central Bank (ECB)'s kept policy unchanged at its June meeting, also as expected. However, it announced it's halving its net asset purchases from €30 billion a month through to September ...

Chief economist update: ECB cannot be any clearer

BENJAMIN ONG  |  FRIDAY, 15 JUN 2018
... economy in 2017, this is still the fastest since the March quarter of 2011. While the ECB kept policy unchanged in its June meeting, it laid down a clear roadmap of its streets, highways and by-ways (including unexpected potholes): "First, as regards ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... Haruhiko Kuroda's silence may have helped. The last time Kuroda spoke was after the Japanese central bank's 15-16 June meeting. At this post-meeting press conference, the BOJ governor stated that, while the BOJ expects "inflation to gradually accelerate ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... remain around current levels in the coming months." Brent oil was trading at around US$50 per barrel before the ECB's June meeting. It closed at US$44.68/barrel overnight. Not a good indication for inflation. "At the same time, measures of underlying ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... appropriate for the Committee to take another step in removing some policy accommodation". "Soon" as in the FOMC's 13-14 June meeting. Nothing to fear as financial markets expect as much - CME's FedWatch Tool puts the odds of June rate hike at 83.1% ...

Economic Wrap

ALEX DUNNIN  |  FRIDAY, 29 JUL 2016
... expected to lower rates again taking their official interest rates even deeper into negative territory. Following its June meeting, according to Trading Economics, the BoJ said it would keep its pledge to increase the monetary base at an annual pace ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
... widely expected, the Bank of Thailand (BOT) kept interest rates unchanged for a 14th straight month following its 22 June meeting on the back of its outlook for continued economic recovery and expectations that inflation would return to its target band ...