Financial Market News Cycle Headed by FOMC, Brexit, and U.S./Sino Trade Talks

March 20, 2019

Today’s FOMC announcement at 14:00 EDT (18:00 GMT) will be accompanied by updated forecasts and followed at 14:30 by Chairman Powell’s press conference. Analysts look for scaled-back growth and inflation forecasts, fewer interest rate hikes this year than indicated earlier, and a stop in quantitative tightening. British Prime Minister May is asking for a 3-month […] More

Marking Time Ahead of Likely FOMC Rate Hike Later Today and Kavanaugh Hearing Tomorrow

September 26, 2018

The FOMC policy announcement today at 14:00 EDT (18:00 GMT) is expected to justify another 25-basis point rate hike now and to leave in play a possible fourth move this year in December. New forecasts will be unveiled, and Chairman Powell will preside over a press conference starting at 14:30 EDT to explain the latest […] More

Wednesday to be Dominated by FOMC Statement, Forecasts, and Press Conference

March 21, 2018

Ahead of this afternoon’s FOMC event, the dollar traded lower overnight, falling 0.5% against sterling and the loonie, 0.3% versus the euro, 0.2% relative to the Swiss franc and yen and 0.1% vis-a-vis the peso, yuan and kiwi. Investors also await the release of the U.S. fourth-quarter current account figures and latest monthly existing home […] More