Home » Posts tagged 'interest rates' (Page 53)
Tag Archives: interest rates
What Does the Bank of Canada Know That We Don’t?
What Does the Bank of Canada Know That We Don’t? In a totally unexpected move, the Bank of Canada cut the overnight interest rate by 25 basis points on Wednesday. This of course makes me wonder what the Bank of Canada knows that the rest of us don’t! I mean usually the Bank indicates a […]
Are Central Bankers Losing The Plot: “The SNB Move Signals A Spectacular Loss Of Nerve”
Are Central Bankers Losing The Plot: “The SNB Move Signals A Spectacular Loss Of Nerve” As we have reiterated very frequently over recent years, the biggest vulnerability in the post crisis environment was that central banks start to make policy errors, by taking activist and precipitous decisions. Thus following on from last year’s error by Norges […]
Interest Rate Cut: Bank Of Canada Moves To Stave Off Threat From Sliding Oil Prices
Interest Rate Cut: Bank Of Canada Moves To Stave Off Threat From Sliding Oil Prices OTTAWA — The looming economic threat of sliding oil prices is forcing the Bank of Canada to unexpectedly cut its trend-setting rate to three quarters of a percentage point from one per cent. The central bank’s announcement follows the stunning […]
Even Central Bankers Now Admit QE Doesn’t Work
Even Central Bankers Now Admit QE Doesn’t Work Even As European Central Bank Is Set to Unleash a Massive Round of Quantitative Easing, Central Bank Heads Admit QE Doesn’t Work The former head of the Bank of England – Mervyn King – said today that more QE will not help the economy: We have had the biggest […]
The Achilles Heel of the Global Status Quo: Deflation
The Achilles Heel of the Global Status Quo: Deflation Rather than being the Monster Under the Bed in central bank nightmares, deflation is the natural result of a competitive economy experiencing productivity gains. That the global Status Quo is terrified of deflation is the background of every policy decision and official PR sound-bite. The reason behind this unremitting […]
Interest rate hike: Why the Bank of Canada may hold off
Interest rate hike: Why the Bank of Canada may hold off Analysts have predicted this will be the year that the Bank of Canada raises its benchmark interest rate. And it could very well be the year it does. Unless of course, it doesn’t. “I think it’s a stretch,” says Derek Holt, vice-president of Scotiabank Economics. “I […]
Get ready for interest rate shock in 2015
Get ready for interest rate shock in 2015 2015 is expected to be the first time in five years that benchmark interest rates are moved upwards, increasing the cost of borrowing. The U.S. Federal Reserve will go first; the Bank of Canada is expected to follow. Most analysts expect the Fed to increase its key rate, […]
Grow Your Way Out of Debt? Don’t Make Us Laugh … |
Grow Your Way Out of Debt? Don’t Make Us Laugh … |. What Did She Mean? Janet Yellen made headlines yesterday. She promised the Fed would be “patient” in raising interest rates. Investors must not have known what she meant. With the Dow tearing more than 421 points – or 2.4% – higher, half of […]
Bank of England committee remains divided over interest rates rise | Business | The Guardian
Bank of England committee remains divided over interest rates rise | Business | The Guardian. The Bank of England’s interest rate setting committee was split in the last month of this year after two members maintained their view that forecasts of higher wages next year should be offset by higher credit costs. Martin Weale and […]
Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain – Bloomberg
Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain – Bloomberg. Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s currency pegs, first felling Thailand’s in July. The rout spread through Asia before […]
Canada’s Catch-22: Bankruptcies Could Soar If Economy Improves
Canada’s Catch-22: Bankruptcies Could Soar If Economy Improves. There is a Catch-22 in Canada’s economy, which is this: When things get good again, it will cause things to go bad. That’s because Canadians have taken on so much debt that a rise in interest rates could tip many borrowers at the margins into insolvency. Many […]
Exclusive: China ready to cut rates again on fears of deflation – sources | Reuters
Exclusive: China ready to cut rates again on fears of deflation – sources | Reuters. (Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. […]
Activists ‘Fed Up’ With Rate Rise Talk Offer Plosser a City Tour – Bloomberg
Activists ‘Fed Up’ With Rate Rise Talk Offer Plosser a City Tour – Bloomberg. Labor and community organizers meeting with Federal Reserve Chair Janet Yellen challenged officials who are ready to raise interest rates to first come visit the poorest neighborhoods with them before saying that the economy has recovered. Kati Sipp, one of about two dozen […]
Canadian Chart Blast
Some interesting trends:
