Tag Archives: interest rate hikes

Nonfarm Payrolls relatively disappointed prior estimates, but the labor market indicators were stronger than expected. The employment data has had a modest impact on the forex market. In the light of the NFP data, the US Fed is very determined to move out of easing policy settings.The disappointment in payrolls …

St. Louis Fed President James Bullard said on Thursday that the US Fed could raise interest rates as soon as March. The Fed official, known as a hawk and aligned with the market sentiment, explained that the US central bank is now in a “good position” to take even more …

Federal Reserve Bank of San Francisco President and FOMC member Mary Daly said on Thursday that policymakers will need to raise interest rates to keep the economy in balance. “Even if we do a couple of interest rate increases, monetary policy will still be accommodative”, she added. Additional Remarks:“Inflation is …

The US dollar edged lower for most of Wednesday but got an unexpected push by the US Federal Reserve’s Meeting Minutes. US policymakers use the kind of language confirming a looming interest rate hike and that the quantitative easing, stimulus asset and asset purchases are no longer necessary.The minutes document …

Minutes from the Fed’s December meeting indicated that policymakers are ready to aggressively dial back policy stimulus.One key aspect, the US central bank’s balance sheet, was the subject of prolonged discussions, with policymakers pointing to a reduction in bond purchases during the coming months. Fed Members expressed concern about inflation …

The US dollar edged lower for most of Wednesday, but eventually received an unexpected boost from the US Federal Reserve’s Meeting Minutes. Fed policymakers noted that “In light of elevated inflation pressures and the strengthening labor market, participants judged that the increase in policy accommodation provided by the ongoing pace …

`Gold falls on hawkish FOMC minutes which sent both the US dollar and yields higher. FOMC minutes point to a faster increase of the federal funds rate.Gold has fallen sharply on the back of the Federal Open Market Committee minutes that stated, ”in light of elevated inflation pressures & strengthening …

A sign of optimism prevails across financial markets that virus infections surge will not lead to big economic hindrance. After a wave of selloff, long-term treasury yields are nearing breaching 2021 highs. The bond market has wasted little time pushing Treasury yields sharply higher in the early days of 2022, …

The first week of 2022 will have a busy schedule for economic data. In the US and Canada, employment numbers and ISM figures are due. The Federal Reserve will release the minutes from its latest meeting. Economists expect a net job creation of 30000 in Canada during December and NFP …

European Central Bank governing council member and Dutch central bank head Klaas Knot said on Thursday that the bank could end its bond-buying programmes sooner if inflation continues to surprise on the upside. Knot added that it is now appropriate for the bank to prepare for gradual monetary policy normalization …