It’s taken the threat of a German recession to get the promise of German stimulus. This isn’t how a monetary union like the euro zone is meant to work.
— Read on www.bloomberg.com/opinion/articles/2019-08-21/germany-is-only-interested-in-saving-itself-from-recession
Tag: Interest Rates
The Fed will cut rates five more times before April, analysts predict
The U.S. Federal Reserve will cut interest rates five more times by April 2020, according to analysts at Danske Bank.
— Read on www.cnbc.com/2019/08/20/the-fed-will-cut-rates-five-more-times-before-april.html
Pimco: US-China trade breakthrough could trigger a ‘powerful snapback’ in yields
Several big Pimco funds controlled by Ivascyn have reportedly been trimming their bond market positions in the U.K. and Europe.
— Read on www.cnbc.com/2019/08/20/pimco-us-china-trade-breakthrough-could-trigger-a-powerful-snapback-in-yields.html
Powell Likely to Use Jackson Hole to Suggest Fed Ready to Cut – Bloomberg
Federal Reserve Chairman Jerome Powell will have no lack of material to choose from when he kicks off the central bank’s annual Jackson Hole symposium Friday with a speech on the challenges for monetary policy.
— Read on www.bloomberg.com/news/articles/2019-08-18/powell-likely-to-use-jackson-hole-to-suggest-fed-ready-to-cut
China Lines Up Lower Borrowing Costs with Revamped Rate System
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China’s central bank said it’ll start releasing a new reference rate for bank loans, a further step in a long-awaited reform to interest rates that’s set to bring lower borrowing costs to
— Read on ca.finance.yahoo.com/news/china-lines-lower-borrowing-costs-092740735.html
Banks are now paying people to borrow money — and that’s a really bad sign for the global economy | Financial Post
Danish lender offering mortgages at -0.5%
— Read on business.financialpost.com/news/economy/banks-are-now-paying-people-to-borrow-money-and-thats-a-really-bad-sign-for-the-global-economy
YIELD CURVE INVERTS: Recession indicator flashes red for first time since 2007
The yield on the U.S. 10-year Treasury dipped below the yield on the U.S. 2-year Treasury for the first time since 2006. An inversion has preceded the last seven recessions in the U.S.
— Read on ca.finance.yahoo.com/news/yield-curve-inverts-for-first-time-since-2007-102034083.html
Economists Still See Canada Bucking Global Rate-Cutting Trend – Bloomberg
TD, BMO and Scotia expect Poloz to hold steady into next year despite global trade uncertainty
— Read on www.bloomberg.com/news/articles/2019-08-09/economists-still-see-canada-bucking-global-rate-cutting-trend
5 ways the U.S. Federal Reserve’s rate cut affects Canadians – BNN Bloomberg
5 ways the U.S. Federal Reserve’s rate cut affects Canadians – BNN Bloomberg
— Read on www.bnnbloomberg.ca/5-ways-the-u-s-federal-reserve-s-rate-cut-affects-canadians-1.1296556
Fed cuts rates for first time since 2008: Morning Brief
Top news and what to watch in the markets on Thursday, August 1, 2019.
— Read on ca.finance.yahoo.com/news/fed-cuts-rates-for-first-time-since-2008-morning-brief-101611500.html