Jerome 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…
Read moreTeresa May made a statement following her talks with Brussels
In it, she stated the fact that the negotiation process had reached a dead end. In the statement, in particular, it is noted that the head of the European Council Donald Tusk believes that the proposals of London can not be accepted. They undermine the single market of the European Union. At the same time, […]
Read moreResults of the US Federal Reserve System meeting (19-20 June 2019)
The Fed’s manualdecided not to change the interest rate. It was kept at the level2.25-2.5 percent. It wasn’t a surprise for the markets. Most of them…Analysts and economists expected this to be the solution. It was taken almostunanimously. It’s jus…
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