Fed's dots to delay dollar rally for now
Jun 18, 2015 00:06 am UTC| Commentary
Chair Yellens insistence on seeing more decisive evidence of growth before raising rates, in addition to a shift in the composition of the 2015 dots weighed on the dollar after the statement and press conference.The...
Higher gas prices may have pushed up US CPI inflation
Jun 17, 2015 23:23 pm UTC| Commentary
May CPI data will be released on Thursday (08:30 ET). A 0.5% m/m gain is expected (in line with consensus) for a 0.0% y/y reading, mainly boosted by increased gas prices.Lower airfares may be a further damper. By contrast,...
Banxico board seems comfortable with its current stance
Jun 17, 2015 23:17 pm UTC| Commentary
The Banco de Méxicos (Banxicos) board of governors releases the minutes of its early June monetary policy meeting on 18 June. The board left the policy rate unchanged at 3.0% in June, matching the consensus...
Malaysia's inflation pressures likely remain low
Jun 17, 2015 23:09 pm UTC| Commentary
Malaysias Department of Statistics will announce May inflation data on 17 June.The implementation of a 6% goods and services tax (GST) in April has had less of an effect on inflation than initially feared. Inflation was...
Fed: No rate hikes just yet, but not far away
Jun 17, 2015 22:42 pm UTC| Commentary
As broadly anticipated, the Federal Open Market Committee (FOMC) left the federal funds rate unchanged at a range of 0 to ¼ percentage point today. It also maintained its policy of reinvesting principle payments on...
First Fed rate hike likely in September
Jun 17, 2015 22:33 pm UTC| Commentary
The FOMC made no changes to policy rates, as was completely expected, in this the first of what should be a long string of "live" meetings (when there will be the potential for a rate hike each time). Apart from the...
FOMC meeting: no rate hike for now
Jun 17, 2015 22:07 pm UTC| Commentary
The Federal Open Market Committee passed on todays opportunity for a first rate hike, as widely expected. Chair Yellen first wants to see "decisive evidence" that the economy is evolving according to the Feds baseline...