The Federal Reserve is getting ready to raise interest rates but a rate hike is not imminent. For the first time since August, the central bank has left rates unchanged at 2 percent. Although the FOMC statement is hawkish, the US dollar has failed to react because currency traders were looking for more. […]

Posted in Fed rate hike, Fed Rate Cut Expectations, Fed Rate Cut, Federal Reserve No Comments »

There has been a lot of talk that the Federal Reserve could hold back on raising interest rates because this is an election year. The fear is that a rate hike could create unwanted political reverberations which could be legitimate if it wasn’t for the fact that the Federal Reserve is suppose to be […]

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Could the Federal Reserve Raise Interest Rates? You betcha.
At least that’s what futures traders are banking on:
According to the latest Fed fund futures, the market has already priced in a 67 percent chance of a 25bp rate hike in August and a 97 percent chance of a rate hike in September.
The following […]

Posted in Fed Rate Cut Expectations, Fed Rate Cut, Federal Reserve 2 Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 5:14 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
Fed Chairman Kohn Paints Dour Picture
Japan Weighs Releasing Rice Reserves
Vietnam Considers Ending Rice Export Curbs
Is Inflation NExt Fight for the Fed?
UK Rentals See Boom as […]

Posted in retail sales, Wall Street Journal, Housing Market, Forex Podcast, FOMC Minutes, Inflation, Fed Rate Cut Expectations, Existing Home Sales, Fed Rate Cut, FX Radio, British Pound, Federal Reserve, Vietnam, Crude Oil Prices, Australian Dollar, Radio, euro, New Zealand dollar, US Dollar No Comments »

Why the Fed Can Afford to Pause

This morning, Federal Reserve Vice Chairman Kohn made the most explicit comment that we have heard from a central bank official to date about pausing in June. He said that the “economy, markets should gradually improve” and “monetary policy appears to be appropriately calibrated for now to promote […]

Posted in Fed Rate Cut, Fed Rate Cut Expectations, euro, Federal Reserve, US Dollar, Forex No Comments »

The US dollar has started the week strong thanks to the better than expected leading indicators report. For the second month in a row, leading indicators increased, suggesting that the US economy may not be in a recession. Although the numbers are definitely encouraging, I believe that recession or no recession is just […]

Posted in Bloomberg, Fed Rate Cut Expectations, Food prices, euro, Canadian Dollar, Federal Reserve, British Pound, US Dollar 2 Comments »