Potholes could be dead ahead in the road soon after Fed rate hike

November 20, 2015

Patches on top of patches covering potholes litter a road in Sonoma County, California, May 9, 2013. Harrison, a local resident and attorney, is part of a grass-roots campaign to fix the crumbling roads of Sonoma County, which is struggling with the same type of government financial crisis that has driven California cities such as Stockton and San Bernardino into bankruptcy. Picture taken May 9, 2013.   REUTERS/Beck Diefenbach   (UNITED STATES - Tags: BUSINESS TRAVEL) - RTX1053C

The Federal Reserve’s planned smooth and gradual rate hike path may be bumpier than anticipated if U.S. economic growth over the next several months and punishingly cold winter weather follow a well-established recent pattern.

U.S. growth probably slowed sharply in Q3…and winter is coming

October 29, 2015

RTR4U8M1.jpgIt’s probably a good thing the Federal Reserve concluded its latest policy meeting with a strong signal of its intentions, because GDP growth data expected later on Thursday are unlikely to cement rate hike views one way or another.

Reuters polls dashboard of key data ahead of Sept FOMC meeting

September 4, 2015

Traders work on the floor of the New York Stock Exchange

As anticipation builds ahead of the U.S. Federal Open Market Committee’s Sept. 16-17 meeting, the decision on whether rates will go up or not rests squarely on incoming economic data, according to Fed Chair Janet Yellen.

Fed on horns of not-so-bullish dilemma: markets or economy?

August 25, 2015

The Federal Reserve increasingly looks stuck on the horns of a not-so-bullish dilemma: should it pay attention to global developments in financial markets, which argue for pause, or should it focus squarely on U.S. economic data, which suggest the time is nigh to hike?

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.

Euro may not be on a one-way road to parity

March 17, 2015

RTR4SXKP.jpgSigns the euro zone economy may have turned a corner just as many begin to question the timing of a U.S. interest rate hike could soon put a floor under the euro after a 13 percent plunge so far this year.

Lew’s comes to Europe airing concerns

By Mike Peacock
January 8, 2014

U.S. Treasury Secretary Jack Lew moves on to Berlin then Lisbon after spending yesterday in Paris. There, he urged Europe to do more to build up its bank backstops and capital, a fairly clear indication that Washington is underwhelmed by the German model of banking union which has prevailed.

Economic damage from the shutdown? Small to start, say forecasters

October 2, 2013

The U.S. government shutdown probably won’t hit the economy too hard, say economists. Some point to the fact the shutdown has come right at the start of the fourth quarter, meaning there’s time before the year’s out for the economy to recoup some of  lost output resulting from the downtime. But, the longer it goes on, the worse it will be.

Does less QE from the Fed necessarily mean a stronger dollar?

August 16, 2013

Based on the latest U.S. Treasury flows data, it may be time to ditch the textbook theory that says less monetary stimulus means a stronger currency – at least for now.

The wavering faith of capitalism’s high priests

November 18, 2010

Yet another guardian of market orthodoxy has uttered what was once an unspeakable heresy.