China rate cut seen as latest in a series
China’s interest rate cut announced over the weekend is widely expected to be just the latest move in a monetary loosening process that could ultimately end in quantitative easing.
Monetary Policy
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‘levi’s market’ set for policy convergence – rathbones
Policy divergence will reach a breaking point and either drag the US and UK back into quantitative easing or trigger widespread reflation, says Rathbones’ Bryn Jones.
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QE ‘second wind’ could create corporate bond opportunity – RBC WM
Investors are set to benefit from a quantitative easing ‘second wind’ which will create opportunity in the corporate bond sector, says RBC Wealth Management’s Hakan Enokssen.
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Middle ground muddy as investment views polarise
Unemployment in the UK fell to 5.6% in the three months to February, the office for National Statistics said on Friday, the lowest level since 2008. At the same time, the number of people in employment rose to a record of 31.05m.
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Return free risk and the quagmire of caution
The last five years have seen the fewest high yield defaults in modern history, Deutsche Bank reported on Wednesday.
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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.
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Liquidity index raises doubt on US economy
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.
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MPC still split on rate hike
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.
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US doves on top as jobs number misses forecasts
Monetary policy doves have had their position boosted by a US non-farm payroll number for August which significantly undershot most forecasts.
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Bo e and ecb offer no summer surprises
The Bank of England and European Central Bank both kept rates on hold in line with market expectations.
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MPC minutes reveal tipping point approaching
The minutes of the Bank of Englands latest monetary policy committee meeting show a continuation of the build-up toward a tipping point
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Inflation spike cranks up pressure on Carney
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.