They have talked in slightly more dovish terms [about a rate hike] recently, and growth data have slackened off, |
They have talked in slightly more dovish terms [about a rate hike] recently, and growth data have slackened off. |
This is a problem of their own making, ... having two targets for money supply, which is heading higher, and inflation, which is on the way down. The ECB has to decide on one target. |
This is perhaps the closest any Fed official has come to suggesting the peak on rates for now. |
This talk of tax reform will come and go. But we need the economy looking brighter, otherwise putting action plans together is just fighting a losing battle. |
We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro, |
We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro. |
We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result, |
We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result. |
We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point, |
We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point. |
We still hold firm to the belief that the euro will fall to 80 cents, ... At that level the ECB is most likely to intervene. |
We still hold firm to the belief that the euro will fall to 80 cents. At that level the ECB is most likely to intervene. |
We think it is unlikely, but it's a tough call. |
We'd like to see it at the next meeting on Nov. 30. Underlying inflation is moving higher and Europe's economy is still strong. We will have to see what happens in the next two weeks ? it may be the next rate hike is pushed into next year. |