Forex News
ECB Draghi: Fin Sector Reboot To Make Monetary Policy More Effective
European Central Bank President Mario Draghi said Tuesday that while the Eurozone debt crisis was not over, progress in “rebooting” the financial system was making monetary policy more effective.
Germany: Ifo dragged down by expectations
No reason to panic about the lower Ifo index. It is a period of uncertainty about Russia and about growth in several emerging economies. So why should expectations have improved?
Fed Williams: FOMC’s View Of Liftoff Has Not Changed
San Francisco Federal Reserve Bank President John Williams says the central bank hasn’t “changed fundamentally” its views on when the first interest rate hike will come.
US NABE Survey: Biz Panel Expects Fed Rate Hikes In 1st Half ’15
A majority of business economists believe the Federal Reserve will end its asset purchases in the last quarter of this year, with 40% saying they expect the first hike in the Fed Funds rate to
Fed’s Kocherlakota: New Guidance Fosters Policy Uncertainty
Minneapolis Federal Reserve Bank President Narayana Kocherlakota Friday criticized the central bank’s decision this week to drop numerical thresholds for unemployment and
SNB Affirms FX Target As Inflation Forecasts Are Trimmed Again
The Swiss National Bank Thursday left its minimum exchange rate of CHF 1.20 per euro unchanged and stressed it remains willing defend the cap by buying foreign currencies in unlimited quantities.
US: Fed’s taper continues – more aggressive rate path
The big surprise from the Fed today was that the projections of the FOMC participants point to a slightly more aggressive path for interest rate increases in 2015 and 2016.
BOE Minutes: MPC Sees Jobless Rate Declining Further
The Bank of England Monetary Policy Committee voted unanimously at its March 5 and 6 meeting to keep policy unchanged, with members expecting the jobless rate to decline further in coming months.
RBA more optimistic on the outlook for domestic growth
The March Board minutes contained few surprises. Evidence is growing that the transition from mining to non-mining ledgrowth is occurring.
BOJ Kuroda: No Need To See All Data Before Acting
Bank of Japan Governor Haruhiko Kuroda said the BOJ’s board does not need to see all the economic indicators in order to decide whether the path toward stable 2% inflation is threatened and requires more monetary easing.
Riding on the coattails – NZ Consumer Confidence, Q1 2014
Consumer confidence has risen to its highest level since 2005, on the back of economic optimism near record levels. Consumers’ sentiment about their own finances is also improving,
ECB Coeure: Will Act If Inflation Scenario Doesn’t Materialize
European Central Bank Executive Board member Benoit Coeure said Thursday the ECB’s monetary policy and asset-quality review should support positive deleveraging in the Eurozone,