Fed Funds target at year end: 2025: 3.675% vs expected 3.875%, prior 3.875% 2026: 3.375% vs expected 3.375%, prior 3.625% 2027: 3.125% vs expected 3.125%, …
Category: Central Banks
In regard to Recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the …
Prior range was 4.25-4.50% Miran voted for 50 bps No other dissents Repeats that activity moderated in the first half Adds that ‘job gains have …
A meeting by meeting basis has proven successful. With the current monetary policy stance ECB is well positioned to respond to unexpected changes. In contrast …
There was a clear sense the balance of risks had changed The inflation picture hasn’t really changed Early in the year we saw some upward …
Bloomberg today reports that US Treasury Secretary Scott Bessent once listed two different properties as a ‘primary residence’ at the same time. It’s the same …
The Atlanta Fed GDPNow growth estimate for Q3 remain unchanged after today’s US housing starts and building permits data. In their own words: The GDPNow …
The Bank of Canada today maintainedreduced its target for the overnight rate atby 25 basis points to 2.755%, with the Bank Rate at 32.75% and …
The full statement from the Bank of Canada September rate decision: The Bank of Canada today reduced its target for the overnight rate by 25 …
Prior was 2.75% Virtually all economists surveyed expected the Bank of Canada to lower rates by a quarter point The previous cut was in March …