Central Bank Watch
FOMC Minutes
May 18, 2016
Participants agreed that their ongoing assessments of the data and other incoming information, as well as the implications for the outlook, would determine the timing and pace of future adjustments to the stance of monetary policy. Most participants judged that if incoming data were consistent with economic growth picking up in the second quarter, labor […] More
New Overnight Developments Abroad - Daily Update
Japanese GDP Growth in 4Q Beat Expectations. Ezone Inflation Negative. Awaiting FOMC Minutes
May 18, 2016
The dollar strengthened overnight by 0.7% against the Australian dollar, 0.5% relative to the kiwi and loonie, 0.4% vis-a-vis the euro, 0.3% against the yen 0.2% versus the yuan and 0.1% relative to sterling. Gold lost 0.3% to $1,273.30 per ounce, and copper fell even more sharply. West Texas Intermediate crude oil firmed 0.3% to […] More
