Search Results for: Monetary Policy Committee
Asia shares rise on reduced Greek pessimism, dollar firm
February 18th, 2015
Asian equities rose on Wednesday as pessimism over the Greek debt saga receded somewhat, while the dollar held firm against the yen after spiking up on higher U.S. debt yields. Equities in Europe were also expected to gain. Spreadbetters ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Federal Reserve issues FOMC statement
January 29th, 2015
Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. On balance, ...
Asian shares skid as bullish Fed take investors by surprise
January 29th, 2015
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. A greater likelihood of ...
Gold Heads for Longest Losing Run This Year Before Fed Meeting
January 27th, 2015
Gold fell for a third day to the lowest level in a week before Federal Reserve policy makers gather and as European finance ministers agreed to work with the new Greek prime minister to keep the country in the ...
Federal Reserve will decide this week for widen the door for interest rate hikes next year
December 15th, 2014
Federal Reserve officials will decide this week whether to make a critical change to their policy statement that would widen the door for interest rate hikes next year and effectively bet the United States will continue to shine in ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
Moody’s downgrades Japan on debt worries
December 1st, 2014
Moody’s Investors Service today downgraded the Government of Japan’s debt rating by one notch to A1 from Aa3. The outlook is stable. The key drivers for the downgrade are the following: Heightened uncertainty over the achievability of fiscal deficit ...
Draghi throws door to QE wide open as recovery wanes
November 21st, 2014
European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had to be raised quickly by whatever means necessary. Draghi said there was now ...
Report on role of Bank of England officials in relation to conduct issues in the foreign exchange market
November 12th, 2014
The Oversight Committee has today published an independent report by Lord Grabiner QC. This follows his investigation into whether, between 2005 and 2013, any Bank of England official was involved in, or aware of, conduct issues in the foreign ...
