Tag "speech"


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Fed’s Yellen Speech Suggest Longer Wait for Rates Hike

Fed’s Yellen Speech Suggest Longer Wait for Rates Hike

🕔October 15, 2016

The Fed Chair, Janet Yellen on Friday in a speech to the Federal Reserve Bank of Boston’s Economic Conference was more focused on the long-term and structural issues concerning the economy and the dynamics of inflation. She also took a more detailed look at the potential effects and policy implications of extreme economic events such as the 2008 financial crisis.…

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BOC’s Poloz Hints Delay in a Rates Hike

BOC’s Poloz Hints Delay in a Rates Hike

🕔September 20, 2016

Stephen Poloz, Bank of Canada Governor has urged the country’s policy makers to forge ahead with measures to ease trade restrictions and spend more on infrastructure as a means to raise the currently weak long term growth rates. In a statement delivered in the city of Quebec, he said an aging population and other factors have dragged down the country’s “potential” growth rate to about 1.5%, further raising the downward pressure mounted on interest rates that goes well beyond efforts by the central bank to stimulate the economy.…

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Rosengren Anticipates a Near Term Rates Hike in Latest Speech

Rosengren Anticipates a Near Term Rates Hike in Latest Speech

🕔September 9, 2016

In a speech made today by the Boston Federal Reserve President Rosengren, he stated that “If we want to ensure that we remain at full employment, gradual tightening is likely to be appropriate,”

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He however made no direct hints at the timing of an interest rate hike, stating that, “A failure to continue on the path of gradual removal of accommodation could shorten rather than lengthen the duration of the recovery, as waiting too long could lead to conditions that require more rapid increase in interest rates”.

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Janet Yellen Reassures Traders

Janet Yellen Reassures Traders

🕔August 26, 2016

In a quite firm manner, Ms Janet Yellen today stated that, “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,” The Fed Chair Ms.…

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Markets Remain Queit in Anticipation of Janet Yellen’s Speech

Markets Remain Queit in Anticipation of Janet Yellen’s Speech

🕔August 26, 2016

The currency market has shown major signs of inactivity recently as investor anticipation for Janet Yellen’s speech on Friday morning threatens to have a profound effect on the currency market, according to long time currency trader Boris Schlossberg of BK Asset Management.…

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