Fed no longer patient but still dovish
Federal Reserve chair Janet Yellen dropped the word patient from her rhetoric at the March FOMC meeting as anticipated, but soothed markets with alternative language which was equally dovish.
Federal Reserve chair Janet Yellen dropped the word patient from her rhetoric at the March FOMC meeting as anticipated, but soothed markets with alternative language which was equally dovish.
The Global Liquidity Index has shed light on the extent to which the rise in the value of the US dollar is being driven by monetary policy made in Frankfurt and Beijing, rather than Americas economic strength.
The Bank of England monetary policy committee is still split seven-two on whether the UK interest rate needs to be raised, minutes released today show.
Monetary policy doves have had their position boosted by a US non-farm payroll number for August which significantly undershot most forecasts.
The Bank of England and European Central Bank both kept rates on hold in line with market expectations.
The minutes of the Bank of Englands latest monetary policy committee meeting show a continuation of the build-up toward a tipping point
A surprisingly large rise in inflation has increased pressure on Mark Carney and the Bank of Englands monetary policy committee as they continue to walk a rate rise tightrope.
Barings Asset Management is remaining overweight in equities due to a belief that global monetary policy will be supportive of market valuations.
The European Central Bank president Mario Draghi declined to dampen down expectations of a move to full quantitative easing at the ECB's news conference today.
As we enter the second half of 2014 one of the most important themes is the divergence of central bank strategy around the world and how this will hit different asset classes.
Markets should stabilise short-term but policy is key to long-term health