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About Me

Found 4 results

  1. Interesting stuff reported via Jerome Powell... https://uk.reuters.com/article/us-usa-fed/fed-lifts-rates-amid-stronger-inflation-drops-crisis-era-guidance-idUKKBN1J92NM Is this the publication of a change in direction for the Fed - coming roughly a quarter after Powell took over from Janet Yellen?
  2. So Donald Trump has gone full circle and far from welcoming high interests rates seems to approve of lower ones now he is in office. He also looks set to announce Yellens replacement. This is a big appointment as those that believe we follow US interest rates this will obviously have a big effect on UK rates also from a regulatory point of view and access to credit this will be maybe a very powerful figure in negotiating basle 3 ect. Unfortunately for us the frontrunner Jerome Powell doesnt look that great from that point of view. Anyway BBc article on the front runners here and expect an announcement by 3rd November (maybe on twitter!)
  3. http://www.businessinsider.com/fed-statement-interest-rates-june-2017-6
  4. "US raises key interest rate by 0.25% on strengthening economy" http://www.bbc.co.uk/news/business-38323037
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