from MacroScope:

Déjà vu? Fed may struggle to hike if U.S. optimism fades for H2

April 28, 2015

RTR4VVNE.jpgThe U.S. Federal Reserve may find it even more tough to raise interest rates as the year wears on if dwindling expectations for growth are any guide.

from MacroScope:

BOC to hold this year? Probably not say nearly half the primary dealers

April 15, 2015

Bank of Canada Governor Poloz speaks during a Canada-UK Chamber of Commerce event in central LondonThe Bank of Canada will almost certainly hold policy steady on Wednesday but nearly half of the banks who do business directly with it predict at least one more rate cut this year.

from MacroScope:

Surprise monetary policy moves may become new norm in India

April 14, 2015

File photo of Reserve Bank of India (RBI) Governor Raghuram Rajan during a news conference in Mumbai

For all the measures India's central bank has taken to increase transparency in policy making, predicting rate moves by Governor Raghuram Rajan is still difficult.

from MacroScope:

Patient: Fed may drop the word, not the idea

March 18, 2015

RTR4R4RY.jpgFed Chair Janet Yellen may signal later today that she is no longer patient about when to consider raising rates but any eventual hike is likely to come after June, judging by how many key economic reports so far this year have undercut expectations.

from MacroScope:

UK rate rise this year? Possible, but not certain yet

June 13, 2014

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"It could happen sooner than markets currently expect."

That was the bomb of a headline Bank of England Mark Carney dropped in a speech on Thursday that suggested a significant change in tone at the bank.

from MacroScope:

Better U.S. growth and just muddling along both point to low rates for longer

June 10, 2014

UFaith that the U.S. economy may finally be at a turning point for the better appears to be on the rise, as many ramp up expectations for a better Q2 and second half of the year.

from MacroScope:

Prepare for a razor-thin rate cut from the ECB in June. But what will it achieve?

May 9, 2014

RTR3OBCB.jpgA consensus appears to be slowly building for a carpaccio-slice interest rate cut from the European Central Bank next month.

from MacroScope:

Shock now clearly trumps transparency in central bank policymaking

January 29, 2014

The days of guided monetary policy, telegraphed by central banks and priced in by markets in advance, are probably coming to an end if recent decisions around the world are any guide.

from MacroScope:

If at first you don’t succeed… Fed’s Evans sticks to strong forecast despite misses

September 6, 2013

It’s nice to know Federal Reserve officials have a sense of humor about their own forecasting errors. Chicago Fed President Charles Evans was certainly humble enough to admit to some recent misses in a speech on Friday .

from MacroScope:

Why is the Reserve Bank of India so quiet on the rupee?

August 23, 2013

 

When nobody's listening, sometimes it pays to shout from the rooftops.

Based on the rupee's daily pasting, the Reserve Bank of India might do well to look to the European Central Bank's strong verbal defense of the euro just over a year ago.