Foreign Exchange Insights and Next Week

It Took Longer Than Generally Remembered for the Volcker and Greenspan Fed To Restore Price Stability

March 17, 2022

Several questions at Fed Chairman Powell’s press conference yesterday tried to elicit a response about whether it is possible to shrink U.S. inflation back to the target of 2.0% without nearly stalling economic growth or even putting the U.S. economy through a recession. Powell did not say definitively yes or no but gave reasons for […] More

Next Week’s Menu: March 12 – 18, 2022

March 11, 2022

Central Banks: The Federal Reserve and Bank of England are expected to authorize interest rate hike at their monetary policy reviews next week, while no changes are expected from the Bank of Japan Board, which also meets next week. BOJ Governor Kuroda has made clear that higher energy prices caused by Russia’s invasion of Ukraine […] More

Next Week’s Menu: March 5 – 11, 2022

March 4, 2022

Central Banks: Monetary policy reviews are scheduled in Poland, Uzbekistan, Kazakhstan, Serbia, Peru and most importantly at the European Central Bank. ECB President Lagarde will hold a press conference afterward. Lowe and Bullock of the Reserve Bank of Australia also speak publicly during the week. Scheduled U.S. Releases: Consumer prices, the trade balance, consumer credit, […] More

Next Week’s Menu: February 26 – March 4, 2022

February 25, 2022

Central Banks: Monetary policies will be reviewed next week in Canada, Australia, and Malaysia. There is a scheduled review also in Ukraine whose status has been made uncertain by Russia’s invasion of that country. ECB Governing Council minutes and the Federal Reserve Beige Book of regional economic trends will be published. ECB Council member Guindos, […] More

Next Week’s Menu: February 19 – 25, 2022

February 18, 2022

Central Banks: Monetary policy reviews in South Korea, China, New Zealand, Hungary, Colombia and Israel. Holidays and Fiscal Event: U.S. Presidents Day and Canadian Family Day on Monday. Japanese Emperor’s Birthday and South African 2022 budget presentation on Wednesday. Scheduled U.S. Data Releases: Quarterly GDP. Monthly FHFA and Case-Shiller house price indices, new home sales, […] More

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

Next Week’s Menu: February 5 – 11, 2022

February 4, 2022

Central Banks: Monetary policy reviews are scheduled next week in India, Indonesia, Thailand, Poland, Serbia, Romania, Russia, Sweden, Iceland, and Mexico. Bank of Canada Governor Macklem delivers a speech. Holidays: Waitangi Day in New Zealand will be observed on Monday, and National Foundation Day in Japan falls on Friday. Scheduled U.S. Statistical releases: Consumer prices, […] More

Next Week’s Menu: January 29 – February 4, 2022

January 28, 2022

Central Banks: Monetary policies will be reviewed at the European Central Bank, Bank of England, Central Bank of Brazil, Czech National Bank and Reserve Bank of Australia. Governor Lowe of  the RBA, ECB President Lagarde and BOE Governor Bailey will hold press conference. The quarterly RBA Monetary Statement will be published. Events and Holidays: OPEC […] More

Next Week’s Menu: January 22-28, 2022

January 21, 2022

Central Banks: The Federal Reserve heads a list of scheduled monetary policy board meetings that also includes South Africa, Canada, Hungary, Chile and Colombia. Fed Chairman will hold a press conference that is expected to prepare investors for the possibility of a rate hike at the following meeting in March. A summary of the this […] More

Next Week’s Menu: January 15 – 21, 2022

January 14, 2022

Central Banks: Central banks reviews monetary policy next week include those in Turkey, Malaysia, Sri Lanka, Norway, Indonesia, Ukraine, China and Japan. The Bank of Japan also updates its quarterly Outlook for Economic Activity and Prices, publishes Board meeting minutes, and holds a press conference with Governor Kuroda. Events and Holidays: The U.S. observes Martin […] More

css.php