OPEC member countries met in Vienna (25.05.2017)
Vienna hosted the event expected by the oil market participants – the meeting of OPEC.As a result of this agreement, the expected decision was made to extend the agreement on the reduction of oil production until April next year.The oil ministers of …
Read moreJerome Powell’s performance. Interest rates will rise.
The chairman of the Fed Reserve, Jerome Powell, gave a detailed interview to PBS, which aroused interest among investors. He said that interest rates had not yet reached a neutral level. Markets took this statement as a signal that the Fed’s key interest rate will continue to rise in the near term. Powell noted that […]
Read moreJerome Powell’s speech. Fed’s forecast for a rate hike.
Participants of the annual symposium in Jackson Hole were looking forward to the speech of the head of Fedresev Jerome Powell. His speech was also focused on investors and traders. Jerome Powell’s performance can be called optimistic in general. He began by stating that the recent normalization of monetary policy is well founded and justified. […]
Read moreECB board member Benoit Cherè gave a speech
World problems have a negative impact on the growth of the European economy, said the representative of the European Central Bank, Benoît Cherè. According to him, the continuing uncertainty associated with geopolitical events, as well as protectionis…
Read moreInterview with U.S. FRS spokesman James Bullard
The head of the Federal Reserve Bank of St. Louis JamesBullard in his meeting with the press outlined his position on the main directionof Fed’s policy. In particular, he stated that he considered it necessary to reduce the keythe rate at the July me…
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