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News & Analysis
Hike on the horizon as “hawkish hold” order of the day at Fed Press Conference
Fed Press Conference – 21/9/16 The Fed’s September meeting has turned out to be a “hawkish hold”. While there was no hike today the FOMC has signalled that markets should expect an increase this year. Despite this clear indication, today’s press conference was another triumph for the doves, particularly Williams and Brainard, who both got […]
Eurozone inflation likely to be a torturous, drawn out slog back to target
ECB Meeting – 8/9/16 Today’s ECB presser was more about the hints than what was explicitly said. Draghi and company are dealing with stubborn low inflation dynamics, but with monetary policy already close to its limit, they seem content with waiting rather than spending what little political capital they have left in expanding stimulus further. […]