central bank rate changes
Continuing Post-FOMC Rally in Equities and Slippage of the Dollar
December 14, 2023
Fed Chairman Powell’s press conference was more dovish than investors were expecting. Investors had already been anticipating that interest rates at the central bank would start falling sooner and by more in 2024 than officials had signaled previously. Yesterday’s admission that the federal funds target would likely not need to be hiked further and the […] More
December and 2017 in Figures
January 1, 2019
Ten-year sovereign debt yields fell last month, resulting in end-2017 to end-2018 declines in Germany, Switzerland, Canada and Japan but end of year to end of year increases in both the United States and Great Britain. The Fed tightened its fed funds target rate four times by a total of one full percentage point last […] More
