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
