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Powell reiterated the case for a patient policy in his country’s testimony.
Federal Reserve chairman Colin Powell reiterated his recent message that there could be more room
FOMC Minutes Emphasize Patience, Some Increase in Downside Risks
The minutes of the December FOMC meeting portrayed a relatively steady view of the growth
China’s Caixin manufacturing PMI fell in December
The Caixin manufacturing PMI declined in December to 49.7, the lowest level since May 2017,
There is no major surprises in post-conference news release after China Central Economic Work Conference
The annual Central Economic Working Conference was held between 19-21 December.The post conference news release
PBOC announces a new targeted MLF
The PBOC has announced a Targeted Medium-Term Lending Facility and an increase in relending and
Fed Hikes , 2019 Baseline Falls to Two Hikes
The FOMC raised the funds rate target range to 2¼% -2½%, as widely expected. The
ECB shows continuing confidence with increasing caution
The ECB Governing Council left its policy rates unchanged and announced that net asset purchases
Short-Lived Rally for EM Views
2018 is on pace to be just the second year post that all major EM
ECB — Ending net asset purchases on a dovish tone
The ECB will announce its policy decisions next week, on December 13 at 12:45pm (GMT).