Need to be pragmatic and keep an open mind Perseverance is now key given the time needed for full transmission of policy French inflation is falling even without a recession Our growing confidence in inflation moving towards the 2% target is based on good transmission of policy Well, I’d like to chip in by saying
Via a Commerzbank note previewing the European Central Bank meeting decision due on Thursday. Analysts at the bank say that following the the ECB signalling a continuation of rate hikes for today’s meeting at its previous meeting, “the ECB is likely to find it difficult to move to a less explicit forward guidance without the
In a widely expected move, the Federal Reserve (Fed) hiked its policy interest rate by 25 basis-point (bp) to the 5.25%-5.5% range and left the door open for another hike in September. But given that Fed Chair Jerome Powell also guided for rate decisions to be on a “meeting-by-meeting” basis, additional tightening moves still lack
Reserve Bank of Australia meetings were easy, the first Tuesday of each month except for January. That ‘first Tuesday of the month’ will be the case for August, September, October, November and December 2023. From 2024, changes are afoot! As part of the shifting the deckchairs on the Satanic RBA Review the Bank has moved
TD is anticipating that the Fed will raise rates by 25 basis points, which will be the final increase. Even so, the analysts go on, the FOMC will likely continue to validate the dots while maintaining a hawkish tilt. It follows the tried-and-true “have your cake and eat it too” strategy. TD says they believe
