Another FOMC Meeting

The final Fed rate decision of this decade saw rates kept on hold The Fed’s final interest rate decision of 2019 did not surprise many market participants. The policy rate remains at 1.5% – 1.75% and, unlike the previous FOMC meeting, there were no dissenters. Interestingly, Powell also indicated that there was unlikely to be …

Draghi-ng Rates Down

Mario Draghi rocks markets in his penultimate interest rate meeting as ECB President Thursday 12th September saw Mario Draghi cause a stir in the financial markets. Firstly, he announced a 10 basis points cut of the deposit rate, bringing it further into negative territory at -0.5%. Initially, the market saw this as a slightly hawkish …

The Fallible Fed?

Clarida and Williams stir the markets following comments on interest rate cuts Friday 19th July 2019 saw me wake up to news that two prominent Fed officials had caused a stir within the financial markets after their remarks concerning interest rate cuts. Clarida, the Fed Vice-Chairman, expressed that “you don’t need to wait until things …

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