Tag Archives: rate hike

RBA Turn Hawkish. It was one of the last doves left in the developed world when Australia’s central bank raised interest rates more than expected in the middle of a campaign. This is giving more support for our previous prediction ->Why Aussie Dollar will Continue Rising. As we remain bullish on the AUD seems still undervalues across the board with …

Powell: I would say that 50 basis points will be on the table for the May. On Wednesday, Federal Reserve Chair Jerome Powell detailed his most aggressive strategy to containing inflation to yet, potentially supporting interest rate increases of two or more half percentage points and describing the labor market as hot. When it comes to robust demand, the Fed’s …

BOC Hike 50Bps and begins QT. The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin quantitative tightening (QT), effective April 25. Maturing Government of Canada bonds on the Bank’s balance sheet will no longer …

President Bullard Explains His Recent FOMC Dissent. The following is a statement by Federal Reserve Bank of St. Louis President Jim Bullard explaining his dissenting vote at the FOMC’s March 15-16, 2022, meeting: I dissented with the Federal Open Market Committee (FOMC) decision announced on March 16, 2022, to raise the target range for the federal funds rate by 25 …

Fed‘s Bullard: thinking is that quantitative easing has already drawn to a close that will end in march Fed’s Bullard: this is moment where we need to share to less accommodation Fed’s Bullard: we’re missing our inflation target by more than 300 bps Fed’s Bullard: markets have done a lot of pricing in already Fed’s Bullard: this is about first …

Fed’s Barkin: Need To Think About Wages And Inflation At Different Horizons  

Ultimate Level And Pace Of Rate Increases Remains Uncertain, Though Sees No Need To ‘Restrain’ Economy Now Pandemic Effects Still Making It Hard To Anticipate Improvements In Labor Markets, Supply Chains And Path Of Inflation Quest For Fed Right Now Is To Get Policy “In A Better Position” Should High Inflation Persist Would Like To See Target Rate Back Where …

BOE Feb Minutes: MPC Sees Inflation Peaking Around 7.25% in April, Vs 5% Previously

The Bank of England was one of the first of its developed market peers to raise interest rates in December. Money markets now expect the central bank to raise rates by 100 bps this year. MPC expected to raise rates for second straight month Bailey set to acknowledge squeeze on household finances BoE likely to signal further hikes ahead Currency markets didn’t pay attention to the latest developments in the political crisis in Britain over lockdown parties at Downing Street. Six Conservative MPs now say they want a vote of confidence in Prime Minister Boris Johnson’s leadership on Wednesday. …

Risk of inflation and rate increases may be underestimated by investors With Beijing loosening its policies, Chinese assets look good The Federal Reserve and other central banks may need to do “aggressive” monetary tightening to fight inflation, which could cause “significant risks” for the markets, says Bridgewater Associates. Following Jerome Powell’s hawkish comments last week, investors have moved forward their …