Posts Tagged ‘statement’
CAD Climbs On Oil And Stock Rebound
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US Economic Indicators Preview
At the March meeting, the FOMC voted to keep the fed funds rate at a range of 0 to 0.25%, and the phrase that interest rates were likely to remain low “for an extended period” remained part of the statement. Thomas Hoenig voted against the policy decision again, as he…
US Economic Indicators Preview
The FOMC is very likely to maintain the target range for the fed funds rate at 0 to 0.25% at this week’s meeting. It will be interesting to see what changes are made to the statement, especially to the phrase “exceptionally low levels of the fed funds rate are warranted…
BoE MPC to Provide Further Detail Behind Decision to Halt QE
Following on from last week’s decision by the MPC to halt its programme of quantitative easing, attention will shift to the detail of its quarterly Inflation Report (published on Wednesday), which would have been a key input into the MPC’s deliberations. Key themes arising from the statement accompanying the policy…
USD Mixed, EU May not Bailout Greece
The USD is trading mixed gaining versus the JPY and Europe and weakening versus the commodity currencies, the Euro was pressured by a statement from the ECB’s Stark that the EU may not bail Greece out of its deficit problems and GBP pressured by report of unexpected decline in UK…



