Ultimately, he thinks the Fed will not act as aggressively as stated through their current projections. The Federal Open Market Committee in September indicated another rate hike this year, bringing the 2018 total to four, along with three more next year and another hike or two in 2020.
Interest Rates
ECB’s Draghi Speaks After Central Bank Leaves Rates Unchanged
European Central Bank President Mario Draghi is speaking at a press conference Thursday following the institution’s decision to leave its benchmark interest rate unchanged.
ECB’s Draghi says incoming data has been weaker than expected
Draghi: Significant stimulus still needed for inflation
Draghi says ECB ready to adjust all instruments as appropriate
After Hike, Fed Minutes May Hint on Path Ahead
MARKET PARTICIPANTS have a burning question for the Federal Reserve: How high will policy makers hike interest rates before pausing for a breather?
Fed Raises Key Rate to Range of 2% to 2.25%, Keeps Forecast for 4 Hikes in 2018
The Federal Reserve said Wednesday that it sees the federal funds rate at 2.4 percent by the end of 2018, unchanged from its June forecast.
Federal Reserve issues FOMC statement – September 26, 2018
Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly.
Fed Expected to Hike Rates Twice More This Year and then Risk a ‘Policy Mistake’ – Gold Silver Reports
Gold Silver Reports (GSR) — A full 98 percent of the 46 respondents, who include economists, fund managers and strategists, see the Fed hiking rates a quarter point this week to a new range of 2 to 2¼ percent. And 96 percent believe another quarter-point hike is coming in December.
Fed Set to Raise Rates Again, other Central Banks Sound Ready to End the Easy Money, too
Fed Set to Raise Rates Again
✅ Draghi’s comments come ahead of the Fed’s two-day meeting and anticipated rate hike Wednesday, but they also come as the Bank of Japan sounds slightly less dovish and other central banks raise their interest rates.
Gold May Hit $1,300 by End of Year, ICBC Says
Gold Silver Reports (GSR) – Bullion is set to average $1,260 an ounce in the third quarter and rise further in the following three months as interest rate increases are priced in and physical demand emerges, Marcus Garvey, a London-based commodities strategist, said in an interview in India.
Bank of England Monetary Policy Decision Today – All the Previews in one Place
BoE Monetary Policy Committee (MPC) meeting is Thursday 2 August 2018
Previews:
✅ Preview of the Bank of England meeting (Super) Thursday 2 August 2018
✅ Are you ready for Super Thursday from the UK? BoE preview (RBC) (MS, Nomura)
✅ Early heads up preview for the Bank of England meeting (TD, Barclays, BNP Paribas)