Foreign Exchange Insights and Next Week
Next Week’s Menu: February 12 – 18, 2022
February 11, 2022
Central Banks: Monetary policies will be reviewed in the Philippines and Turkey. Minutes of their last policy meetings will be published by the FOMC and Reserve Bank of Australia. Many central bankers are scheduled to speak publicly, including Mester, Bullard, Waller, and Williams of the Fed, Lagarde, Lane and Schaeble of the European Central Bank […] More
Central Bank Watch
Russian Monetary Policy Rate Hiked Full Percentage Point to 9.5%
February 11, 2022
The Central Bank of Russia took even more aggressive monetary policy action, lifting its policy rate to 9.5% following increases of 100 basis points also in December and 75 bps in October. Over the past 11 months, the rate has risen 525 basis points, and a released statement “holds open the prospect of further key […] More
New Overnight Developments Abroad - Daily Update
Many Investors Revising Expected Fed Tightening Upward as Inflationary Pressure Spreads and Other Central Banks Move Aggressively
February 11, 2022
There were further repercussions today in the aftermath of Thursday’s U.S. January CPI release. Some analysts now think that the federal funds rate could be hiked at every remaining FOMC meeting this year, and there’s been more speculation over the possibility of larger incremental moves than the standard of 25 basis points. The ten-year U.S. […] More
