The RBNZ met this week and took a decidedly hawkish tone. The RBNZ recognises that annual inflation remains too high at 7.2% and it hiked by 75bps to 4.25%. This…
What a difference a new Prime Minister has made to the Bank of England! The Bank of England hiked rates by 75 bps to 3% last week in the biggest…
Major central bank rundown It’s time for your central bank catch up. The link to the latest statement is at the bottom of each section, so just click there to…
The Fed hiked by 75 bps as expected and initially had bullish stock hopes firing. The Fed said, in its statement, that it would consider the impact of monetary tightening…
Going into the November meeting markets were fully expecting a 25 bps rate hike. This was despite the latest trimmed mean reading of 6.1% CPI which was on the high…
Going into the BoJ meeting, there had been expectations that the BoJ may signal hiking interest rates as a way to deal with the pervasive weakness in the JPY. In…
The ECB’s decision to hike rates by 75bps was expected, but the communication from the meeting was considered dovish as hints of a slowing rate hikes were read into some…
Going into the last BoC meeting short-term interest rate markets were split between a 50 and 75 bps rate hike. In the end, the BoC hiked by only 50bps and…
It was on Friday 21st October that the first indication of a Fed slowdown in rate hikes started to become apparent. Fed’s Daly was the last Fed speaker before the…
What is the Fed Pivot? The ‘Fed Pivot’ is a micro-narrative that has developed recently in response to slowing US data. When US data prints negatively, then the prospect of…