Take-Aways from the Fed's Minutes: Increase in Uncertainty
The market may have already done the Fed’s job of tightening.
Key Take-Aways from Today’s Monetary Policy Report
Semi-annual testimony highlights data dependency; “Monetary policy is by no means on a preset course.”
BoE cuts inflation and growth forecasts
The Bank of England cut its inflation and growth forecasts for 2016, at the same time the European Commission cut its forecast for UK growth too.
U.S. Payroll Report Provides Ammunition for December Rate Hike By the Fed
Friday’s nonfarm payroll report in the U.S. provided an “all clear” for the Federal Reserve to undertake the first rate hike since 2006.
ECB Signals Further Stimulus Measures Likely
In a prepared speech following the ECB’s decision to hold rates unchanged, ECB President Draghi hinted at the possibility of further stimulus by year end.
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