Central Bank Watch
Some Telling Excerpts from the Minutes of the January 27-28th FOMC Meeting
February 18, 2026
The staff’s inflation forecast was slightly higher, on balance, than the one prepared for the December meeting, reflecting the expectation that resource utilization would be tighter and the path of core import prices would be higher than previously projected. Risks to the inflation projection continued to be viewed as skewed to the upside: With inflation […] More
New Overnight Developments Abroad - Daily Update
Markets Focused on Data Releases and Awaiting FOMC Minutes of January’s Meeting
February 18, 2026
The dollar is mostly narrowly mixed today, but a 0.8% rise against the New Zealand dollar (aka the kiwi) has been an exception. The U.S. DOW, SPX and Nasdaq in futures trading are around 0.3%. Many Asian stock markets remain closed for the extended lunar year holiday. Those that were open tended to rise, including […] More
