Central Bank Watch
First Bank of Canada Policy Interest Rate Hike Since September 2010
July 12, 2017
In the initial emergence from the Great Recession, the Bank of Canada raised interest rates three times while the Fed stood pat, lifting the overnight policy rate by 25 basis points each in June, July and September 2010. Like many central banks that jumped the gun, part of that tightening proved premature and had to […] More
New Overnight Developments Abroad - Daily Update
Markets Just Can’t Get Beyond Trump Administration Uncertainty and Contradictions
July 12, 2017
As the tenth anniversary of the start of the financial crisis nears to less than two months, the conventional wisdom is that a normalization of monetary policies will be kicking into a faster gear. The Fed leads in this process but is not the only monetary authority involved. In fact, the Bank of Japan has […] More
