"If The Fool persists in his Folly he will become wise." - William Blake
-
Week Ahead Central Bank Stimulus in Focus
The BoJ disappointed with no QE change and now the market awaits the BoE’s monetary policy response to Brexit The U.S. Federal Reserve and the Bank of Japan (BOJ) showed the two sides of central bank action this week. The Fed’s Federal Open Market Committee (FOMC) ended with no change to the U.S. benchmark interest rate. The lone dissenter was once again Federal Reserve Bank of Kansas City President Esther George. The main take away from the statement was the less dovish “Near-term risks to the economic outlook have diminished” but it was not enough to lend any support the USD who was down against majors. The ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 30, 2016 12:53am Jul 30, 2016 12:53am
- The Fool
- Joined Apr 2009 | Status: Live and learn. | 1464 Comments
- Comment #2
- Quote
- Jul 30, 2016 2:24am Jul 30, 2016 2:24am
- paddlepip
- | Joined Sep 2014 | Status: Member | 178 Comments
Corripe Cervisiam!
- Comment #3
- Quote
- Jul 30, 2016 7:35am Jul 30, 2016 7:35am
- PariCovek
- | Joined Jan 2015 | Status: Zaedno pravi sila. Cosmos e za nas. | 16 Comments
- Comment #4
- Quote
- Jul 30, 2016 2:05pm Jul 30, 2016 2:05pm
- Temujin
- Joined Dec 2013 | Status: Member | 46 Comments
Be humble or be humbled.