have we gone from an era of “central bank transparency” to “central banking by surprise?” #SNB, #BOC – what next?
Bank of Canada, in cutting interest rate to 3/4 pct, cites negative effects of oil price decline
Bank of Canada cuts interest rates unexpectedly
SAN FRANCISCO, Jan 16 (Reuters) – The Federal Reserve is
still on track for a potential mid-year interest-rate increase,
a top Fed official said on Friday, citing strong U.S. economic
momentum and a falling unemployment rate.
“There is no need to rush to raise rates; at the same time
we want to make sure that we appropriately act in a way that we
don’t get behind the curve,” San Francisco Federal Reserve Bank
President John Williams told reporters at the bank’s