FED hikes rates to range of 0.75 -1.00%

Prior was 0.50%-0.75% Policy to support sustained return to 2% inflation Repeats labor market strengthening, job gains solid Business investment appears to have firmed somewhat Rate hikes to be ‘gradual’, that’s a small change from ‘only gradual’ previously Repeats that near-term risks to outlook ‘roughly balanced’ Excluding food and energy, inflation is still below 2% FOMCContinue reading “FED hikes rates to range of 0.75 -1.00%”

ECB leave interest rates and QE on hold

ECB decided to to stay on hold with all key ineterest rates. main refinance rate  0.0% as prev marginal lending facility 0.25% as prev deposit facility rate -0.4% as prev QE asset purchase target EUR 80bln asset purchases will be 60bln from Apr- Dec ECB’s Draghi statement QE will run until the ECB see a sustainedContinue reading “ECB leave interest rates and QE on hold”