No rate hike in foreseeable future

posted in: Credit, Currency, Economy | 0

Fed gets rid of “patient”, but hints it will be patient in hiking rates Surging dollar impacts exports; Fed takes 2015 GDP forecast down a notch With economic data increasingly coming in weak, rate-hike odds this year next to nil  … Continued

With monetary quiver empty, are central banks ready to add arrows?

posted in: Credit, Economy | 0

Two members of the Monetary Policy Committee, the Bank of England’s interest rate-setting committee, voted to raise interest rates by 25 basis points in August, the minutes released yesterday showed.  Market participants were taken by surprise.  They have been conditioned … Continued