In a speech Thursday, governor Poloz addressed market volatility and risks to the financial system
The path of future rate hikes is particularly uncertain with recent soft GDP data and oil’s price drop
It includes more than 30 years' worth of economic projections from central bank staff
But don't expect interest rate hikes until well into 2019, the central bank says
Powell signalled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong
The European Central Bank could indicate as soon as March that it is mulling an earlier end to its stimulus program
Federal Reserve officials at their January meeting believed that improving global economic prospects and the effects of recently passed tax cuts had raised the prospect for solid economic growth and for continued interest rate increases in 2018. The minutes of the Fed’s Jan. 30-31 discussions showed that the officials were more optimistic about the economy […]
With the global economy growing strongly, the Bank of England is growing more confident about Britain's near-term prospects
There’s reason for investor optimism in 2018—so long as it’s tempered with caution. Read: Synchronized global growth favours equities, but risks lie in wait That message comes from Nigel Green, founder and chief executive of deVere Group. In a release, he says 2017’s “steady and climbing markets” will continue into the new year. “However, investors […]
The Bank of Canada makes a rate decision on Wednesday, but no one’s calling for an increase—certainly none of the big banks. The banks do, however, have plenty to say when it comes to forecasting when the next hike will occur. BMO strategist Benjamin Reitzes suggests the hike could come sooner than later. In a […]