Forex News
Fed Bullard: To Become Harder To Justify Contd Low Real Rates
St. Louis Federal Reserve Bank President James Bullard Thursday predicted that going forward it will become “more and
AUD Outlook & Forecasts
A positive environment for carry currencies and better-than-expected Q1 activity data supported the AUD in the first part of this year,
Norway: Unemployment – still sideways trend
• Unchanged LFS unemployment • Slightly on the strong side – but will not change Norges Bank’s view
Sweden: Weaker SEK lifts producer prices
The main question is whether this will feed through to consumer prices. Historically, the correlation between producer and
Atlanta Fed Paper: Unconventional Policy Reduced Unemployment By 0.13%
A new working paper published by the Atlanta Federal Reserve shows the central bank’s unconventional monetary policies reduced the unemployment rate by 0.13% from where it otherwise would have been.
Fed Plosser: Need to Control, Not Boost Inflation Next 3-4 Yrs
Philadelphia Federal Reserve Bank President Charles Plosser said Tuesday the FOMC will need to control, not try and boost, U.S. inflation “in the next three to four years.”
BOE Carney, MPC Aimed To Shake Market Rate Certainty
Bank of England Monetary Policy Committee members were united in the belief that market pricing had been underestimating uncertainty,
Germany: Ifo highlights manufacturers’ cautious outlook
German manufacturers scaled down their expectations for future growth and thereby sent Ifo expectations lower. Domestic sectors like retail and construction are still going strong.
BOE Miles: Will Vote For Hike Before Term Ends In 2015
Bank of England Monetary Policy Committee member Davis Miles repeated Monday that he is likely to vote for a hike in Bank Rate before his term ends in May 2015.
ECB Constancio: Some Asset Classes Point To Overheating
European Central Bank Vitor Constancio said Monday that some asset classes point to overheating in an environment of extremely low monetary policy.
BOJ Kuroda: Gov, Biz Should Lead Growth, To Hit 2% CPI
Bank of Japan Governor Haruhiko Kuroda said Monday that the government’s growth strategy and private-sector investment should lead a move toward higher economic growth potential.
Yellen did not go “Carney”
Last week’s warning from Bank of England Governor Mark Carney that interest rate hikes could come earlier than anticipated raised expectations for a more hawkish Fed today.