by admin | Sep 18, 2019 | Central Bank, FOMC, Individuals, Institutions
Summary Labor market remains strong with solid job gains. (no change) Economic activity has been rising at a moderate rate. (no change) Unemployment rate has remained low. (no change) Growth of household spending has been rising at a strong pace. (changed) Growth of...
by admin | Sep 12, 2019 | Central Bank, Individuals, Institutions
Summary · As reflected in the new staff projections, expecting a more protracted weakness of the euro area economy, the persistence of prominent downside risks and muted inflationary pressures with further downgrade of the inflation outlook. (changed) · ...
by admin | Jul 31, 2019 | Central Bank, FOMC, Individuals, Institutions
FOMC cut rates by 25bp and stopped shrinking its balance sheet 2 months earlier than scheduled. The market was hoping for more cuts and more clarity in the policy path going forward from Chair Powell and received neither. It is well recognized that the U.S. economy...
by admin | Jul 25, 2019 | Central Bank, Individuals, Institutions
Summary Keep ECB interest rates unchanged and expect them to remain at their present or lower levels at least through Q2 of 2020. (unchanged) Intends to continue reinvesting, in full, the principal payments from maturing securities purchased under the asset purchase...
by admin | Jun 19, 2019 | Central Bank, FOMC, Individuals, Institutions
As expected, FOMC members held rates unchanged. The U.S. economy remains solid (jobs and GDP) and especially so when compared to the rest of the world. After a strong first quarter and a good 2018, due to the fiscal/tax boost, the economy is naturally reverting back...