Recent Posts

Fed faces pressure to step up rate hikes after spending package

Bloomberg The Federal Reserve will face growing pressure to accelerate its planned interest-rate increases after a nearly $300 billion spending package signed into law juices a US economy already souped up on tax cuts. Economists at banks and consulting companies are busy marking up their economic forecasts in response to the legislation, saying it will help lift growth in 2018 ...

Read More »

Bank of Russia set for sprint to looser policy with rate cut

Bloomberg Russia’s central bank reduced interest rates for the fourth meeting in a row and said it may complete its move to looser monetary policy a year earlier than planned. The balance of risks has shifted “slightly” towards those to economic growth, and a transition from moderately tight to neutral monetary policy may be completed already in 2018, according to ...

Read More »

Kuroda could get second term as Bank of Japan chief

Bloomberg Prime Minister Shinzo Abe is set to nominate Haruhiko Kuroda to lead the Bank of Japan for another five years, according to reports from Kyodo News and Nikkei. His reappointment beyond his current term ending April 8 has been widely expected by economists, according to a Bloomberg survey in January. Motosada Matano, a spokesman for the prime minister’s office, ...

Read More »
Send this to a friend