The language emanating from central banks has been of a more ‘hawkish‘ tone over the last couple of weeks. Communications this week from the Federal Reserve and the Bank of England have once again demonstrated clear intent on the future direction of monetary policy. 1,600 more words
Tags » Interest Rates
(22 February 2018, The Age, p5, Eryk Bagshaw)
‘Ten million Australians working in the private sector are getting pay rises that are neck-and-neck with inflation, while the pay packets of professionals, miners and retail workers are going backwards compared to the cost of living. 33 more words
Fed Officials Marked Up Growth, Inflation Outlook in January -- Economic data bolsters central bank officials’ plans
Economic data bolsters central bank officials’ plans to keep raising short-term interest rates this year
Jerome Powell was sworn in as the newest chairman of the Federal Reserve on Feb. 1,052 more words
By BINYAMIN APPELBAUM
A strengthening economy is giving the Fed confidence that interest rates can rise, according to minutes of the most recent policymaking meeting. 6 more words
Brian Wesbury has a new Monday Morning Outlook out that is worth considering.
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On March 9, 2018, the bull market in U.S. stocks will celebrate its ninth anniversary.