Fed makes modest changes to growth projections
Sep 18, 2015 04:57 am UTC| Commentary Central Banks
The Fed made modest changes to the growth projections, which suggests that it does expect the tightening of financial conditions to be a drag on growth. The Fed expects growth to average 2.1% in 2015. With growth in the...
RBA's Stevens says lower AUD assisting economy, but growth not fast enough
Sep 18, 2015 04:18 am UTC| Commentary Central Banks
Reserve Bank of Australia Governor Glenn Stevens told Australias parliament on Friday that the lower Australian dollar is having a bigger impact on the economy now, but that growth is still not as fast as hoped...
Investors scorn Fed decision as Asia stocks follow US lower
Sep 18, 2015 02:55 am UTC| Commentary
Asian shares tracked losses on Wall Street a day earlier, with the main indices sliding in the morning hours of trade on Friday. The Federal Open Market Committee (FOMC) decided to keep monetary policy settings...
Sep 18, 2015 02:20 am UTC| Commentary
US Treasuries rallied sharply on Thursday following the September FOMC meeting after selling off earlier in the week on better-than-expected economic data; 10y yields ended Thursday at 2.2%, still roughly unchanged from...
Fed rate hike: December more likely than October
Sep 18, 2015 01:10 am UTC| Commentary
One rate increase is expected this year, however the outlook for a September hike has failed to materialize and we now have to decide which meeting is more likely. It is believed that the odds favor the December gathering...
France: Reformist government facing a split parliament
Sep 18, 2015 00:30 am UTC| Commentary
After disastrous results in the 2014 European elections and the 2015 departmental elections (including record-high results for the radical-right Front National), the government is likely to face another disappointing...
Portugal general election: Expect no big changes
Sep 17, 2015 23:26 pm UTC| Commentary
Portugal has been on steady recovery path since end of 2012. Portugal polls are signalling a technical tie between PS and PSD-CDS on the general election of 4 October. In recent polls (e.g., August 2015, by Eurosongadem),...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight