Daly in the Washington Post Daly is leaning towards a pause for a while. My guess is the Fed is on hold at least until June as they wait to see how the economy does.
A piece in the Australian Financial Review citing market pricing of an RBA cut at 50% in dece December 2019 – and at 58% in February 2020 The vibe around cutting rates is building, not largely, not readily, but its edging higher. Article like this adding straws to the camels back. Let’s see how the…
ANZ’s preview of the BOJ meeting on January 22 and 23 notes that the board is in a bind. But, first what to expect: Looking ahead, ForexLive
While we await the bank’s reference rate for the onshore yuan (CNY) a snippet on the huge open market operation cash injections yesterday – the biggest ever one-day injection of cash into the market Says Bloomberg on the addition:
Neel Kashkari is President of the Federal Reserve branch in Minneapolis Speaking on a panel. – Fed as less room to cut rates in a future down turn – But has other tools I thought there might be more to come but nothing else from Mr. K so far
Speak at Bank of France in Paris He adds: HERE HERE ForexLive
Fed article on home ownership Just 36% of Americans aged 24-32 owned a home in 2014 compared to 45% in 2005 — a nine percentage point drop. Many people think the reason is rising student debt. In that decade, average student loan burdens have doubled to $10,000 from $5,000. However the Fed isn’t so sure…
Comments from the SNB leader Jordan is doing a lot of stating the obvious here.
Neel Kashkari is President of the Federal Reserve branch in Minneapolis and is assessed as a dovish member of the Federal Open Market Committee He is speaking on a panel, earlier headline here:
CBRT keeps rates on hold in its January 2019 monetary policy decision – To continue to use all available instruments in pursuit of price stability – Risks on price stability continue to prevail ForexLive