Archive for September 16th, 2014

Deeper Analysis

FOMC Preview: How Markets Were Guided Before the Last Rate Normalization

September 16, 2014

Fed officials have already prepared investors to expect a change in forward policy guidance language that will steer markets to an initial Fed funds rate hike around next March or April.  Rate normalization will then commence, by which is meant the transformation of policy from the current stance that promotes faster economic growth and higher […] More

New Overnight Developments Abroad - Daily Update

Central Bankers in Spotlight

September 16, 2014

The Federal Open Market Committee begins a 2-day policy meeting today.  Chair-person Janet Yellen holds a press conference Wednesday.  Macroeconomic forecasts will be presented, and new forward guidance language is anticipated. Bank of Japan Governor Kuroda said the yen’s depreciation had on balance done more good than bad for Japan’s economy.  Some firms had complained […] More