The next FOMC meeting is December 12. At that point, the Fed will have to make a decision in regards to Treasury buying. Operation Twist is scheduled to end and the stock of shorter-term Treasury holdings is running thin so … Continue reading
This is essentially the same statement as last month but with some minor changes like: growth in business fixed investment appears to have slowed Changed to: growth in business fixed investment has slowed The WSJ has a full look at … Continue reading
QE3 will continue at $40 billion per month (no change there) ‘Exceptionally low’ rates through mid-2015 Economic activity has continue to expand at moderate pace Inflation recently picked up somewhat, reflecting energy Household spending has advanced a bit more quickly … Continue reading
The FOMC decision is coming up in about 40 minutes (at 1615 GMT). The only open debate relates to communication. There is talk the Fed could remove its calendar guidance (ie “exceptionally low levels for the federal funds rate are … Continue reading
Cites moderate global growth outlook and household troubles Rates more likely to go down than up USD/CAD climbs to 0.9946 from 0.9915 on the comment. It shouldn’t be a surprise because the language in yesterday’s BOC statement downgraded the chance … Continue reading
Carney repeats the ‘modest withdrawal of stimulus’ line from yesterday’s decision. Economic updates were released earlier including slight growth downgrades: Bank now projects that the economy will grow by 2.2 per cent in 2012. Going forward, we expect growth of … Continue reading
Central banks play a critical role in forex market trading by changes in policy that can impact money flows. The U.S. Federal Reserve Bank and others often purchase assets in the open market and directly impact interest rates through quantitative easing. Central banks can change expectations and decisions on interest rates banking institutions lend to each other depend on each country's economic outlook. Get the most updated real-time central bank news from the United States, the U.K. the Euro zone, Africa, the Americas and Asia daily at ForexLive.com. See the ForexLive.com economic calendar and find the most relevant economic data events that can impact currency pairs you trade. Central Bank decisions can move markets, be the first to know by checking our real-time forex updates daily.