Posts Tagged ‘Hike’
On the flip side, the Cleveland Fed’s Pianalto says the labor market is still a long way from where it needs to be.
As noted yesterday, Kotcherlakota is a voter and he voted to maintain the status quo at the last FOMC meeting despite his tough talk…
Also on the wires, the Fed’s Lockhart (Atlanta) says he [...]
Source: ForexYard
Following the widely expected euro-zone interest rate hike yesterday, the euro hit a fresh 15-month high against the dollar, peaking at $1.4400. Meanwhile, the yen resumed its recent bearish behavior during the overnight session and lost over 50 pips against the dollar before staging a correction. Currently [...]
Still work to be done on Fed’s exit strategy
Mortgage-backed securities should be first one’s sold
Risks of inflation have increased
Rate futures continue to point to a hike at the April ECB meeting but the market is pricing in fewer hikes down the road. A well known US consulting firm is reiterating their call for a hike next month despite the uncertainty surrounding the long-term impacts of the Japanese quake.
EUR/USD has gone bid on the [...]
Hikes can be normalized more gradually by moving early
If ECB waits longer it would risk steeper rate hikes
Japanese quake will cut Japanese imports, raise public spending
EUR/USD is trading just above 1.4000 as Bini-Smaghi drives home the idea of rate multiple rate hikes to come.
From trough to peak, the Euro has risen 9% over a period of only two months. You wouldn’t ordinarily expect to see this kind of appreciation from a G4 currency, especially not one whose member states are on the brink of insolvency and which itself faces threats to its very existence. In this case, the [...]
The IMF has never seen a VAT they would not hike. They advocate a Japanese VAT hike despite the fact that the late 1990s hike in the Japanese VAT killed a weak recovery and help turn the “lost decade” into the “lost quarter century”.
According to a paper by Takatoshi Ito of the Institute of Economic [...]
They hike to 2.25% from 2.00%, part of a normalization of rates.
Hungary hiked earlier today…
The ECB is talking hikes, the BOE may be forced to hike, the Fed…well, the Fed is still miles from a rate hike, thus undermining the greenback…
NEW YORK (CNNMoney) — Democratic state lawmakers in Illinois are scrambling to pass massive personal and corporate income tax hikes Tuesday to bring their state budget back from the fiscal abyss.
Timing is critical because it will be much harder to raise taxes after Republicans take over more seats on Wednesday. The state GOP is firmly [...]
Yesterday you had Bean talking more QE; today you have Sentance again calling for a rate hike.He say a quarter point hike would be a good starting point.
Elsewhere, Berlusconi has survived his no confidence votes…
