But because worries about global economic growth, inflation and the threat
of central bank rate hikes are one catalyst for the climb of bond yields, some analysts worry that the move higher may prove sustained and inflict damage to the world's biggest economy.
A print below 235K in the monthly Non-Farm Payroll report may dampen the Greenback rally as investors are forced to reassess their IR expectations and extend assumptions on the timing
of a Central Bank rate adjustment.
Sterling trod water after falling through the $ 1.36 line in the previous session as investors further reduced bets
of a central bank rate hike next week.
Not exact matches
YELLOWKNIFE, Northwest Territories, May 1 (Reuters)-
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the
central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
bank can manage the risks
of Canada's high household debt, even as he signaled that interest
rate hikes will continue, increasing the cost
of that debt.
The European
Central Bank on December 3 dropped one
of its main policy
rates to negative 0.3 % from negative 0.2 % and said it would extend its bond - buying program, under which it creates euros to purchase debt, to at least March 2017.
YELLOWKNIFE, Northwest Territories, May 1 -
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the
central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
bank can manage the risks
of Canada's high household debt, even as he signaled that interest
rate hikes will continue, increasing the cost
of that debt.
Before Yellen addressed the Economic Club
of Washington, her counterparts in Ottawa released their latest policy statement, in which Canada's
central bank said it was keeping its benchmark interest
rate at 0.5 %, a quarter - point shy
of the lowest level ever.
Macquarie Group client investment manager David Kiely provided a financial community primer for what not do to in public view when he clicked on an e-mail containing racy GQ photos
of Kerr as his colleague Martin Lakos appeared Tuesday on the country's Seven Network TV, to discuss the
central bank's surprise decision to keep interest
rates unchanged.
«Most
central banks across emerging markets have completed
rate cutting cycles,» said Jim Barrineau, co-head
of emerging markets debt at Schroders Investment Management.
YELLOWKNIFE, Northwest Territories, May 1 -
Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates r
Bank of Canada Governor Stephen Poloz said on Tuesday that the view
of the Canadian economy is quite good despite record levels
of household debt, and he was confident the
central bank can manage the risk of that debt even as interest rates r
bank can manage the risk
of that debt even as interest
rates rise.
The
central bank emphasized that its interest -
rate setting remains accommodative, and that «some further strengthening»
of the labour market would be desirable.
Any sign the
central bank will raise interest
rates faster than expected is viewed as negative for equities since hikes will theoretically lessen the appeal
of stocks.
NEW YORK, May 2 - The U.S. dollar held below 3 - 1 / 2 - month highs on Wednesday as investors awaited the outcome
of a Federal Reserve meeting for indications on the U.S.
central banks future interest
rate path.
The European
Central Bank, the Swiss National Bank, the Riksbank of Sweden and Denmark's central bank all have set their policy rates belo
Central Bank, the Swiss National Bank, the Riksbank of Sweden and Denmark's central bank all have set their policy rates below z
Bank, the Swiss National
Bank, the Riksbank of Sweden and Denmark's central bank all have set their policy rates below z
Bank, the Riksbank
of Sweden and Denmark's
central bank all have set their policy rates belo
central bank all have set their policy rates below z
bank all have set their policy
rates below zero.
Investors were not expecting the Fed to hike
rates but were looking for signs
of how quickly the
central bank may move in the future.
If that's true, the
central bank would have to induce more dramatic changes in interest
rates and the value
of the currency to achieve its inflation goal.
Still, the
central bank was reluctant to raise interest
rates at the beginning
of the year, and it remains so now.
University
of Chicago grad student David Andrew Finer realized that the data could shed light on how Wall Street interacts with the Federal Reserve, especially around the critical times when the
central bank is voting whether to raise or lower interest
rates.
OPINION: With a touch
of irony, the
central bank governor fires a warning shot in mortgage - stressed WA that
rates will rise.
Another year
of ultralow interest
rates is one consideration, as the
central bank thinks Canada's non-energy exporters are poised to do well as the global economy strengthens.
When those prices collapsed anew a few years later, the
central bank dropped the benchmark interest
rate back to its crisis - era setting
of 0.5 per cent %.
Japan's decision followed the lead
of the European
Central Bank, which had previously reduced its
rate to -0.3 %.
He gave no indication he would raise interest
rates until data give him a reason to worry that inflation could approach 3 % — the outer limit
of the
central bank's target range.
By keeping interest
rates artificially low, through a program called quantitative easing, the
central bank tried to mitigate the negative effects
of the recession by promoting investment in other asset classes.
CNBC's Kelly Evans sits down with billionaire investor Paul Singer
of Elliott Management to talk about
central bank policy, interest
rates and gold.
They get preoccupied with all sorts
of things — elections,
central bank policies, the weather — but nothing has dominated investor thinking as much lately as bond
rates and income stocks.
Ask him why the economy sucks despite record - low interest
rates, and he'll respond with a question
of his own: what do you think would happen if the
central bank stopped peddling?
That suggests the
central bank will leave the borrowing costs unchanged on Sept. 9, especially since the U.S. economy expanded at an annual
rate of 3.7 % in the second quarter.
Given the collapse
of commodity markets was the trigger for the shock interest -
rate cut in January, it is reasonable to speculate that continued weakness could prompt the
central bank to lower borrowing costs a third time in 2015.
In Japan, the
Central Bank said Thursday morning it was keeping its
rates unchanged and the People's
Bank of China raised its short - term interest
rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.
The
central bank's policy
rate is already set in a range
of zero to 0.1 percent.
The move spurred speculation that Denmark's
central bank may also depeg its currency; it's already cut its interest rates deeper into negative territory to counter pressure from a falling euro in the wake of the European Central Bank (ECB) launching a quantitative easing p
central bank may also depeg its currency; it's already cut its interest rates deeper into negative territory to counter pressure from a falling euro in the wake of the European Central Bank (ECB) launching a quantitative easing prog
bank may also depeg its currency; it's already cut its interest
rates deeper into negative territory to counter pressure from a falling euro in the wake
of the European
Central Bank (ECB) launching a quantitative easing p
Central Bank (ECB) launching a quantitative easing prog
Bank (ECB) launching a quantitative easing program.
European
Central Bank (ECB) President Mario Draghi said Friday that the environment
of low
rates in the euro zone has not hurt the profits
of European
banks.
But if all goes well for the global recovery,
central bank activity and speculative demand will put upward pressure on the loonie this year, especially if the Bank of Canada increases rates before the U.S. Federal Reserve d
bank activity and speculative demand will put upward pressure on the loonie this year, especially if the
Bank of Canada increases rates before the U.S. Federal Reserve d
Bank of Canada increases
rates before the U.S. Federal Reserve does.
This comes after years
of record low
rates across the globe due to aggressive monetary policy by
central banks.
The battle
of words between Germany and the European
Central Bank (ECB) is heating up once again and is managing to affect the exchange
rate of the euro zone's single currency.
Though the European
Central Bank has been encouraged by the economy's momentum, it's still pursuing crisis - era stimulus policies to get the annual
rate of inflation back to its goal
of just below 2 percent.
The PBoC's latest interest -
rate cut was appropriate — any
central bank would have responded similarly in the face
of such extreme volatility.
The Polish
central bank announced Wednesday it kept its benchmark interest
rate unchanged at a record low
of 1.5 percent.
About the only time interest
rates pose a substantial risk
of precipitating a crash is when
central banks become concerned about overheating in the economy and are willing to provoke a recession to cool things off.
The Russian
central bank announced Friday that it was keeping its key interest
rate at 10 percent, but opened the door to a cut in the first half
of 2017.
And then the credibility that
central banks have worked so hard to build since the double - digit interest
rates of the 1980s would unravel.
The Swedish crown hit a six - day high after the country's
central bank said it saw an interest
rate hike coming in the second half
of the year, but the currency quickly gave up those gains.
Elsewhere, the European
Central Bank (ECB) released its stress test results on the potential impact
of interest
rate changes to the area's
banking system.
With his first interest
rate announcement this week, Poloz's run as
central policy maker at the
Bank of Canada is officially underway.
The Federal Reserve has locked itself into a strategy to raise
rates one more time this year despite whoever is leading the
central bank, a global economist
of UBS Wealth Management said.
But when
rates are already rock - bottom, as they are in much
of the world right now,
central banks can still influence interest
rates by manipulating the money supply.
Chinese officials might be trying to drain liquidity from their economy but the
central bank remains fearful
of raising interest
rates.
Fed Chair Janet Yellen said last month that the U.S.
central bank was getting closer to raising interest
rates, possibly as early as September, saying that the Fed sees the economy as close to meeting its goals
of maximum employment and stable prices.
This theory is why the Fed is thinking about raising
rates even as inflation has consistently fallen below its 2 % annual target, because the
central bank believes it needs to get ahead
of rising inflation that a falling unemployment
rate will cause.