FED WATCH: To Oct or Not to Oct…That is The Question

The FOMC held interest rates at 0-25bps at their Sep 17th meeting. The statement was little changed from last time, however the majority of keystone information arrived on the back of the economic projections and the accompanying press conference rather than on the statement itself. Going forward, it is going to be exceedingly difficult for … Read moreFED WATCH: To Oct or Not to Oct…That is The Question

FED WATCH: September Fed Rate Decision will be a Close Call

There is no clear answer whether or not the Federal Open Market Committee will hike the Federal Funds Rate at their meeting on September 17th. As the world eagerly awaits the verdict, the probability for a Sep hike have dwindled down to just 28% from 50% just weeks ago as China Growth concerns have rattled … Read moreFED WATCH: September Fed Rate Decision will be a Close Call

BOC Watch: Bank of Canada Expected to Take a Wait-and-See Approach at Sep Meeting

The Bank of Canada is expected to keep the overnight rate unchanged at 0.50% at their Sep 9th meeting. The performance of the Canadian economy since the last BOC meeting has been mixed, but broadly in line with BOC’s economic projections expressed in their MPR release. There has been no new information to cement expectations … Read moreBOC Watch: Bank of Canada Expected to Take a Wait-and-See Approach at Sep Meeting