FOMC Interest Rate Commentary and Headlines
January 25, 2012 by Lawrence Fayman · Leave a Comment
- 2012 growth at 2.2-2.6% vs. 2.5-2.9% in November forecast
- Longer-run unemployment projections signal Fed’s assessment of maximum employment, but assessments uncertain, subject to revision
- 6 of 17 Fed officials see no rate increase before 2015
- 2% inflation target most consistent over long run with mandate
- Maximum employment level largely determined by non-monetary factors
- Inflation target of 2% in its longer-run goals and policy strategy statement
- Not appropriate to adopt fixed goal for employment mandate
Bobbys Corner-FOMC-Nov.4.2009
November 4, 2009 by Bob Slade · Leave a Comment
Hello All,
As expected the Fed kept interest rates unchanged at .25%
We are looking at the FOMC statement to decipher any changes regarding the timing of any future interest rate decisions.
Bank of England Holds Interest Rates At 0.50% as Forecast
June 4, 2009 by Danish FX · Leave a Comment
BOE: MAINTAINS QE UNCHANGED AT £125B
- Asset purchases to be completed in 2 months
Reserve Bank of Australia’s Holds Interest Rates As Expected
June 2, 2009 by Danish FX · Leave a Comment
The RBA has held Interest Rates at 3.00% as forecast.
RBA: Sees scope remain for further easing if needed
- Australian economy has been shrinking, growth in labor costs starting to decline
- Inflation to continue to recede in next 2 years
- Fiscal measures are producing considerable support for demand
- Full impact of recent easing yet to be felt
- Sees stronger dwelling activity later in the year
- Board to continue to monitor the economy and financial conditions
The RBA Holds Rates as Expected
May 5, 2009 by Danish FX · Leave a Comment
RBA LEAVES CASH RATE UNCHANGED AT 3.00%; AS EXPECTED
- Monetary policy has been eased significantly
- Full effect of past easing have yet to be felt
- Inflation is softening but at a gradual pace
- Capacity Utilization will decline further
The Bank of England Holds Interest Rates as Expected
April 9, 2009 by Danish FX · Leave a Comment
BOE LEAVES BANK RATE UNCHANGED AT 0.50% – AS EXPECTED, CONTINUES WITH £75B ASSET PURCHASE FACILITY
Bank of Japan Leaves Rates Unchanged
April 7, 2009 by Danish FX · Leave a Comment
BOJ LEAVES RATES UNCHANGED AT 0.10% (AS EXPECTED); Decision was unanimous; Will expand range of eligible collateral for loans on deeds to government loans within 10yr maturity
- Expects further weakening in domestic private demand
- Expects pace of decline in output and exports to moderate
- Expects economic recovery in late FY09
- Uncertainty over economic outlook remains high
- Need to watch downside risks of inflationary expectations
BOJ Leaves Rates Unchanged as Forecast
March 18, 2009 by Danish FX · Leave a Comment
BOJ LEAVES RATES UNCHANGED AT 0.10% (AS EXPECTED); Decision Unanimous
- Keeps economy assessment unchanged; Says economy is likely to continue deteriorating in the near term; overseas economies continue to worsen
- Financial conditions remain severe despite improvement
- Recovery is still expected late in 2009, but uncertainty over outlook remains high
- Must monitor downward inflation expectation risks
- Plans to buy ¥7.44T of JGBs maturing within a year
