There is an enormous focus on when central banks, particularly the Fed, will start to reduce rates and the number of likely cuts in 2024.
We often hear that movements in market interest rates, and other financial prices are “doing the central bank’s work”.
Financial markets continue to look for the Federal Reserve and the ECB to begin monetary policy easing cycles in June, while expectations for the Bank of...
Currency investors probably won’t have the patience to buy sterling now in anticipation of what may turn out to be false hopes, but it is still an issue to look out for....
The focus will be on UK monetary policy after the Fed stole the attention of the market.
If you look at market pricing of rate policy this year, you will see that it projects that the ECB will start to reduce rates a little later than the Fed and cut rates...
There has been some talk recently that political parties vying to win this year’s UK election could propose the sort of fiscal largesse that rekindles memories of the...
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Trust in the Fed Chair is the lowest it has ever been according to Gallup and if you think that this is only a problem in the US, just look at the UK where politicians...
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...
Central banks have come in for a lot of criticism for missing the surge in inflation.
The big central banks in Europe – the ECB and Bank of England – will start to cut rates before the Fed. But that’s not what is being priced in by the market, according...
At the moment, it seems that the Fed is expected to start the easing cycle, at least in terms of rate cuts, before major European central banks such as the ECB and BoE.
Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore...
With data seemingly dictating an end to rate hikes from the ECB and BoE, it seems reasonable to assume that both the euro and the pound will weaken significantly.
The Bank of England has faced a particular problem when it hiked base rates.
There has been much made of the fact that sharp rate hikes from just about all G10 central banks have not led to the depth of economic slowdown that was feared.
Many analysts have been quite optimistic for the pound this year. But while this view seems to be playing out, there are aspects of what’s been happening recently that...
There’s been some interesting discussion recently about the structural level of interest rates going forward.
The Fed has suggested that it has paused its rate hikes. It is not the first developed-country central bank to do so and others could be joining soon, such as ECB, BoE.
A few developed-country central banks have already paused their policy tightening and others, notably the Federal Reserve and Bank of England, are expected to do so...
The last week’s Fed, ECB and BoE meetings have been notable for the slightly more dovish, or hopeful comments from bank leaders.
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