The Federal Reserve can leave interest rates where they are for now because inflation is not likely to rise much even if the US job market continues to improve, Reuters reports, citing St. Louis Fed P ...More
EJ Insight2017-08-08
... e Federal Reserve is the only major central bank actually raising interest rates, the Bank of England (BoE) came close to doing so in its June meeting. At the same time, pressure for the European Cent ...More
EJ Insight2017-08-03
... S Federal Reserve will begin raising rates and trimming its balance sheet at a pace faster those of the European Central Bank and Britain’s Central Bank. And considering that the dollar is massively o ...More
EJ Insight2017-08-01
... S Federal Reserve will shrink its balance sheet later this year, although it has slowed the pace of hiking rates. In the meantime, China may tighten liquidity in order to stabilize the financial marke ...More
EJ Insight2017-07-31
The US Federal Reserve appears to have slowed down its pace of rate hikes, thus easing the downward pressure on the Chinese renminbi. With no need to support the currency, the People’s Bank of China h ...More
EJ Insight2017-07-28
The US Federal Reserve had yet to announce its rate decision when I wrote this article. But I believe the latest Fed statement would not bring any surprises to the market, including the economic outlo ...More
EJ Insight2017-07-27
The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the US economy, Reu ...More
EJ Insight2017-07-27
... S Federal Reserve opened its two-day monetary policy meeting on Tuesday, and it’s widely expected that it would leave key interest rates unchanged. In fact, interest rates may not necessarily keep ste ...More
EJ Insight2017-07-26
... x-Federal Reserve governor and a financial economist) deposit multiplier effect, which means when this money is in the bank, it allows multiple credit creation. Once this money leaves the banks and is ...More
EJ Insight2017-07-26
... S Federal Reserve started to raise interest rates, large capital flows to the US occurred, which worsened the situation of countries with insufficient reserves to support the peg. Furthermore, Hong Ko ...More
EJ Insight2017-07-26
... e Federal Reserve is expected to slow its pace in hiking interest rates. And massive mainland capital will be parked in China after Beijing imposed a tight grip on outbound M&A deals. In fact, som ...More
EJ Insight2017-07-24
Prospects for tighter monetary policy in Europe and other countries could pose a fresh problem for the US Federal Reserve as it meets this week to ponder a plan to shrink its balance sheet, Reuters re ...More
EJ Insight2017-07-24
... e Federal Reserve will begin to reduce its balance sheet this year. In the eurozone, CIO expects the European Central Bank (ECB) to announce this fall that it will gradually end its bond-buying progra ...More
EJ Insight2017-07-24
The French bank BNP Paribas SA agreed to pay US$246 million to the US Federal Reserve to settle accusations of misconduct in its foreign-exchange business, the Wall Street Journal reports. The French ...More
EJ Insight2017-07-18
... S Federal Reserve raised rates in March. But the central bank injected substantial liquidity last month to help avoid an end-quarter cash crunch as Beijing tightened regulations to force banks to dele ...More
EJ Insight2017-07-17
The US economy is healthy enough for the Federal Reserve to raise rates and begin winding down its massive bond portfolio, though low inflation and a low neutral rate may leave the central bank with d ...More
EJ Insight2017-07-13
US President Donald Trump is increasingly unlikely to nominate Federal Reserve chair Janet Yellen next year for a second term, and National Economic Council director Gary Cohn is the leading candidate ...More
EJ Insight2017-07-12
... e Federal Reserve's plan to shrink the balance sheet and further hike the benchmark interest rate. The European Central Bank is also on course to normalize its monetary policy soon. Tightening monetar ...More
EJ Insight2017-07-10
