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So far Michael Colman has created 92 blog entries.

Beckner: FOMC Minutes Show More Trade Concern; Need to Monitor Yield Curve

Minutes of the June 12-13 Federal Open Market Committee meeting don't add a lot to our understanding of prevailing monetary policy sentiment among members of the Federal Reserve's policymaking body. But they do reinforce mounting concerns about trade and, to a lesser extent, the shape of the yield curve.

By |2018-07-06T11:33:37+01:00July 6th, 2018|

Beckner: Phili Fed’s Harker: Should “Take Our Time” Raising Rates

The Federal Reserve tilted toward a modestly more aggressive monetary policy approach at its mid-June meeting, but one centrist Federal Reserve Bank President is standing fast and urging "caution," Philadelphia Fed President Patrick Harker is not ordinarily thought of as a "dove," but he made a strong case for going slow on further rate hikes in a June 27 interview.

By |2018-07-02T08:04:11+01:00July 2nd, 2018|

Norges Bank Olsen: Krone Still ‘Quite Weak’ But Should Strengthen

(OSLO) – The Norwegian krone remains relatively weak, but there are reasons to think the currency’s present weakness will give way to a period of strengthening, Norges Bank Governor Oystein Olsen said Thursday.

By |2018-06-22T08:02:15+01:00June 22nd, 2018|

ITC BoE Preview: Discussing the Downside

In Brief: -MPC likely to vote 7-2 to keep rates on hold (McCafferty/Saunders dissenting again) -focus on collective interpretation of the persistence of Q1 weakness -watch discussion around heightened political risks and downside risks to economy -MPC likely to reiterate case for “limited and gradual” increase in rates over coming years

By |2018-06-20T10:08:22+01:00June 20th, 2018|

Beckner: FOMC To Steer Steady Course, Mindful of Downside Risk

Federal Reserve Chairman Jerome Powell and his colleagues will be making monetary policy in what Charles Dickens might have called "the best of times and the worst of times" when they convene a crucial mid-year Federal Open Market Committee meeting June 12.

By |2018-06-07T15:31:21+01:00June 7th, 2018|

Beckner: Global Downside Risks Could Alter Fed Policy If They Intensify

The Federal Reserve primarily pursues a domestic mandate of maximum employment and price stability, and its policymaking Federal Open Market Committee has been projecting at least three federal funds rate hikes this year as consistent with those goals. But Fed officials will be very carefully monitoring worrisome international developments.

By |2018-06-04T09:31:24+01:00May 29th, 2018|

Beckner: FOMC Minutes Imply June Hike; OK If Inflation Overshoots

- Hint At Coming Communication Changes The long-awaited arrival of 2% inflation cheered Federal Reserve policymakers at their May 1-2 Federal Open Market Committee meeting and confirmed their inclination to raise short-term interest rates again "soon" and keep raising them "gradually."

By |2018-05-24T09:15:22+01:00May 24th, 2018|