Deeper Analysis
A Compelling Argument for the Fed to Stay the Course of Rate Normalization
September 18, 2017
This week’s Federal Open Market meeting is not expected to raise the 1.00-1.25% federal funds target but is nonetheless anticipated as an event that may shed many clues regarding future policy. The disconnection between a tightening labor market yet continuing sub-target inflation has kindled speculation that there may not be any further interest rate increases […] More
New Overnight Developments Abroad - Daily Update
Dollar Mixed, Gold Down, and Stocks Remain Well Bid
September 18, 2017
The dollar advanced by 0.4% against the yen and sterling, 0.3% versus the yuan, and 0.1% relative to the loonie and peso but slipped 0.2% vis-a-vis the kiwi and 0.1% against the euro and Swiss franc. The Aussie currency is steady. Gold dropped 0.5%, exceeding its two-week low, and WTI crude oil fell 0.2%. Japanese […] More
