Bank of America Merrill Lynch raises China 2014 GDP growth forecast to 7.4% from 7.2% Headlines on Bloomberg
ANZ: Statement was “about as dovish as it could be without explicitly moving to a neutral bias” say the RBNZ is more comfortable with the economy and inflation ” “the risk profile is more nuanced (a bit more downside has been … Continue reading
From the RBNZ statement on their rate hike this morning (bolding is mine): said the economy “appears to be adjusting to the monetary policy tightening that has taken place since the start of the year” “It is prudent that there … Continue reading
I was juggling a few phone calls leading up to the announcement and over it (with a slight pause at the top of the hour to get the announcement out on Twitter … and as a ps. I follow A … Continue reading
I posted the announcement on Twitter – make sure you are following @ForexLive for the most rapid updates on time-sensitive news. Market expectations were for a 0.25 hike Rates now to 3.50% – Comments from Reserve Bank of New Zealand: … Continue reading
Coming up soon. Market expectations are they will hike, but it isn’t as certain as the previous 3 have been. I’m sticking with the crowd and expect a hike. If they don’t the NZD will get sold, hard.
Doesn’t know when rates will rise Says medium term rate path more important for businesses UK economy is still in extraordinary times New normal will be materially less in the past And that was that.
The Bank of England’s MPC minutes and Carney’s speech in Scotland have put a offered tone in the pound. There’s not too much of a stray from the party line we’ve heard recently but the hawkishness seems to be coming … Continue reading
Like the ECB has for many months until June you mean Mr P ? i.e. sit and wait until forced into action? ECB exec member Praet on Bbg speaking in Brussels on Lithuania adopting the euro next year Lithuania must … Continue reading
No pre-set course for hikes which will be determined by data BOE balancing inflation implications from sustained economic momentum vs conflicting signals of labour market slack Spare capacity being used faster than expected Appreciation of sterling over past year is … Continue reading
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