U.S. central bankers will trim interest rates by a quarter percentage point next week, and again in December, before leaving the target range for their benchmark rate at 1.5%-1.75% for an extended period, according to economists surveyed by Bloomberg.
— Read on www.bloomberg.com/news/articles/2019-09-13/fed-seen-cutting-rates-twice-more-in-2019-before-holding-steady
Tag: Interest Rates
Trump calls on Fed to cut interest rates to zero ‘or less’ – BNN Bloomberg
Trump calls on Fed to cut interest rates to zero ‘or less’ – BNN Bloomberg
— Read on www.bnnbloomberg.ca/trump-calls-on-fed-to-cut-interest-rates-to-zero-or-less-1.1314416
Powell: Fed’s lower rates are helping the economy stay in good place
Federal Reserve Chairman Jerome Powell says the central bank’s pivot this year to lower interest rates has helped sustain U.S. economic growth.
— Read on www.cnbc.com/2019/09/06/powell-says-feds-lower-rates-are-helping-to-keep-the-economy-in-a-good-place.html
Fed rates: Investors unlikely to be satisfied with quarter-point cut
A quarter-point reduction would follow a July cut that was the first in 11 years. Still, it would be unlikely to placate President Trump.
— Read on www.cnbc.com/2019/09/05/fed-rates-investors-unlikely-to-be-satisfied-with-quarter-point-cut.html
Bank of Canada Balks at Joining the Global Rate-Cutting Trend – Bloomberg
The Bank of Canada resisted pressure from investors to signal it will soon follow global peers in easing monetary policy.
— Read on www.bloomberg.com/news/articles/2019-09-04/bank-of-canada-holds-rates-steady-even-amid-global-easing-trend
Traders Say More Rates Cuts After 32 in 2019 – Bloomberg
Central banks have delivered 32 interest-rate cuts globally this year as a worsening U.S.-China trade war drags down global economic growth. Swap markets suggest we’re not even at the halfway mark for cuts yet.
— Read on www.bloomberg.com/news/articles/2019-09-05/after-32-rate-cuts-in-2019-traders-say-much-much-more-to-come
Bank of Canada expected to hold interest rates in September 4 decision
Economists polled in a recent report are expecting the Bank of Canada to hold its current interest rate…for now.
— Read on ca.finance.yahoo.com/news/its-only-a-matter-of-time-before-the-bank-of-canada-cuts-interest-rates-174605304.html
As Poloz takes the spotlight, Bay Street eyes rate cut clues – BNN Bloomberg
As Poloz takes the spotlight, Bay Street eyes rate cut clues – BNN Bloomberg
— Read on www.bnnbloomberg.ca/as-poloz-takes-the-spotlight-bay-street-eyes-rate-cut-clues-1.1309317
Investors Say No Thanks to Ghana Debt Offering Yield Above 20%
(Bloomberg) — In a world awash with negative yields, Ghana offered debt returning more than 20% — and investors weren’t interested.The West African nation sold 162.1 million cedis ($30 million) of 20-year bonds Thursday with a yield of 20.2%, well short of its target of raising 450 million cedis, as
— Read on ca.finance.yahoo.com/news/investors-no-thanks-ghana-debt-095749189.html
Calls for Bank of Canada rate cuts gain momentum if ‘things turn ugly’ – BNN Bloomberg
Calls for Bank of Canada rate cuts gain momentum if ‘things turn ugly’ – BNN Bloomberg
— Read on www.bnnbloomberg.ca/calls-for-bank-of-canada-rate-cuts-gain-momentum-if-things-turn-ugly-1.1304102