Yellen differs with some colleagues over effect on inflation and wages

Federal Reserve Chairwoman Janet Yellen has argued consistently in recent months that labor markets are abundant with slack that will hold inflation and wages down. But she hasn’t convinced all her colleagues. Minutes of the Fed’s April 29-30 policy meeting showed a lengthy debate on this subject…

Fundamental Analysis Review Forex Calendar April 14 ~ 18, 2014

Weekly Fundamental Analysis Review Market was in a correction frenzy last week as investors watched global equity markets melt, although there was no single defining factor for the sell-off, most investors credit this across the board risk off sentiment to the combination of: Lack of new stimulus from China, no immediate QE from ECB, diminished […]

NY Fed poll shows bond dealers expected earlier rate hike after FOMC

(Reuters) – Wall Street bond dealers began anticipating an earlier first interest-rate hike from the Federal Reserve after last month’s policy meeting, according to the results of a poll by the New York Fed released on Thursday. That was exactly what Fed policymakers had feared would happen after…

Fed officials warn rate hike pace overstated in FOMC minutes

The Federal Reserve played down forecasts by some of its own policy makers that interest rates might rise faster than they previously predicted. “Several participants noted that the increase in the median projection overstated the shift in the projections,”…

FOMC minutes show Janet Yellen had broad support

When Federal Reserve Chair Janet Yellen recently waded into murkier waters, she was backed by broad support from her colleagues. The Fed has two objectives: to keep U.S. unemployment low and to keep prices stable. The goal is to get unemployment below 6.5% and inflation up to 2.5%…

Markets steadying after sharp plunge, Fed minutes in focus

NEW YORK (CNNMoney) Company earnings and the Fed are likely to take center stage Wednesday as markets show signs of steadying after a sharp plunge. The Federal Reserve will release minutes from its March meeting at 2 p.m. ET Wednesday…

Fed Officials Widely Support Yellen’s Timeline For Policy Tightening…

Fed Chairwoman Janet Yellen surprised the market last week with her “6 months” estimate when asked to define how long will it be after the end of tapering to the first rate hike, and surprisingly, her colleagues tend to agree, and here are their recent comments: (US) Fed’s Bullard (dove, non-voter): Reiterates don’t think policy […]

Fundamental Analysis Review And Forex Calendar March 24 ~ 28, 2014

Weekly Fundamental Analysis Review The major event for the past week was undoubtedly the FOMC Meeting and the accompanied press conference by Fed Chair Janet Yellen.  The FOMC decided to drop its forward guidance on the 6.5% unemployment threshold, but the market was blindsided by the “honest” answer from Yellen that the Fed is considering […]

FOMC Minutes: Fed officials debated over early rate hikes

Conversation at the Federal Reserve’s most recent policy meeting turned to something that hasn’t been a serious topic for years: the possibility of interest-rate increases in the near future. The Fed has held short-term interest rates near zero since December 2008…

Fed’s Lockhart urges patience on raising rates, says taper on course

BIRMINGHAM, Alabama (Reuters) – The U.S. Federal Reserve will probably keep steadily dialing back its asset purchases and wind them down completely by late 2014 but should be patient on raising interest rates, a top U.S. central banker said on Wednesday…

Daily Forex Market Review 01/30/14 (+105 pips)

Today’s Trade Result: +105 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

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