Following the US FOMC, the Bank of England and the ECB announced monetary policy today
Following yesterday’s US FOMC, today the Bank of England and the ECB will announce their monetary policies. The FOMC raised interest rates by 50 basis points, as many expected. The pace eased after four consecutive 75 basis point hikes. However, this has already been factored into the market. The key terminal rate level was […]
Pound selling reaction, Bank of England interest rate hike to 3%, two committee members insist on a small interest rate hike
The Bank of England raised the interest rate by 75bp to 3.00%, as expected by the market. The vote was split 7-2, with Tenreiro calling for a 25bp hike and Dingla for a 50bp hike. Peak interest rates are likely to be lower than the market suggests, he said. Pound selling reaction immediately after the […]
Pay attention to whether the Bank of England will also raise interest rates significantly following the US FOMC
The US FOMC announced an interest rate hike of 75bp as expected by the market. The statement added that “considering cumulative tightening and associated delays” when determining the appropriate pace of rate hikes to make policy sufficiently restrictive. This was associated with a slowdown in the pace of interest rate hikes in the future, and […]
Bank of England prepares to extend government bond purchases Suggestion to financial institutions
The Bank of England has already privately informed financial institutions that it is prepared to extend its emergency bond-buying program, which is scheduled to run until March 14, if the market requires it. The Financial Times reported on the 12th, citing multiple sources. The Bank of England announced on Thursday that it will also […]
The Fed chairman, ECB governor, and British central bank governor will meet together to see if the dollar’s appreciation will resume.
Today, FRB Chairman Christine Lagarde, ECB President Christine Lagarde, and European Central Bank President Bailey will participate in the ECB Forum debate. The market is likely to react sensitively to the strength of each monetary tightening stance and the degree of confidence in avoiding a recession. Observing the movement of the dollar index, basically an […]
Aware of next week’s British and European events whether the dollar will continue to rise even ahead of the weekend
The dollar market was booming this week over the US FOMC. As FRB Chairman Jerome Powell’s interview was more hawkish than expected, US bond yields rose, the stock market plummeted, and the dollar’s exchange rate moved toward a stronger dollar. The dollar-yen pair rose to the 115-yen level, the euro-dollar pair fell to the 1.11 […]
Successfully passed the FOMC, today announced monetary policy in Britain, Europe and Turkey
The US FOMC yesterday was shown to change direction to hawks. With the end of bond purchases ahead of schedule, the outlook for rate hikes has been raised to three times next year. After reflexively reacting to the dollar buying, the market leaned toward the weakening of the dollar and the yen along with the […]