Bank of Canada"s Poloz Vows Rate Rises to Be "Data Dependent"

Bank of Canada Gov. Stephen Poloz said the benchmark interest rate will need to move upward but the pace of future increases “will remain decidedly data dependent” given global risks and lower energy prices......»»

Category: topSource: wsjDec 6th, 2018

Fed"s Williams says rate policy must be patient, data dependent

The U.S. Federal Reserve must be patient and guided by data when considering whether to raise interest rates, New York Fed President John Williams said on Friday, in remarks reinforcing the central bank's commitment to a wait-and-see approach......»»

Category: topSource: reutersJan 18th, 2019

Canada Inflation Decelerates on Slump in Gasoline Prices

Canada’s annual inflation rate decelerated sharply in November on lower gasoline prices. The pullback on price increases likely gives the Bank of Canada further reason to hold off on further rate rises in the immediate future......»»

Category: topSource: wsjDec 20th, 2018

Traders boost Canada interest rate bets as trade deal clips threat to economy

Investors are raising bets for as many as four additional interest rate increases from the Bank of Canada by the end of 2019 after a deal to save the trilateral NAFTA trade pact reduced uncertainty for Canada's trade-dependent economy......»»

Category: topSource: reutersOct 1st, 2018

Bank of Canada Hikes Rates By 25bps, Loonie Rises On Hawkish Take

The Bank of Canada raised the overnight rate by 25bps to 1.5%, in line with consensus estimates. In justif.....»»

Category: dealsSource: nytJul 11th, 2018

Bank of Canada Raises Key Interest Rate To 1.50%

he Bank of Canada on Wednesday raised its benchmark interest rate by a quarter of a percentage point to 1.50% in response to solid economic data and expectations that exports and business investment will continue to grow......»»

Category: smallbizSource: wsjJul 11th, 2018

USD/CAD (CAD=X) on the Offensive

USD/CAD (CAD=X) on the Offensive Canadian dollar at C$1.3266, or 75.38 U.S. cents Chance of Bank of Canada July rate hike rises to 65 pct Price of U.S. oil .....»»

Category: topSource: livetradingnewsJun 28th, 2018

Bank of Canada caught between rate hike and trade war

OTTAWA (Reuters) - Bank of Canada Governor Stephen Poloz is under pressure to justify another rate hike or risk credibility by changing course, with a clear-cut case for higher rates endangered by a raging trade war with the United States......»»

Category: topSource: reutersJun 25th, 2018

Wall Street rises after strong May jobs data

(Reuters) - U.S. stocks rose on Friday led by bank stocks as a stronger-than-expected jobs report for May locked in expectations of an interest rate hike by the Federal Reserve this month......»»

Category: topSource: reutersJun 1st, 2018

10-year Treasury note yield climbs to 2.672%; 2-year Treasury rate rises to 2.512% after data

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchFeb 15th, 2019

Fed"s Kaplan: More Clarity Needed Before Next Rate Move

Federal Reserve Bank of Dallas President Robert Kaplan reiterated Tuesday his support for the central bank holding off for now on further rate rises and said changes in its balance sheet drawdown should be on the table as well......»»

Category: smallbizSource: wsjFeb 6th, 2019

Economy Week Ahead: Services-Sector Activity, International Trade

In the week ahead, the U.S. will see fresh data on services-sector activity, international trade and unemployment benefits. Brazil’s central bank will make a rate decision......»»

Category: smallbizSource: wsjFeb 4th, 2019

Data dependent? Five questions for the ECB

The European Central Bank holds its first meeting of the year on Thursday as concern grows about weak economic growth at home and risks abroad from global trade tensions and Brexit......»»

Category: topSource: reutersJan 21st, 2019

Why the Fed Backed Off

Did the central bank bow to panicked markets? Whatever the reason for its decision to ease up on rate hikes, the data say it made the correct call......»»

Category: topSource: barronsJan 12th, 2019

Bank of Canada rate decision looms large. Long fund positions praying for bounce after 6-day rout in USDCAD.

BOC announcement at 10amET, followed by press conference at 10:15amET.EIA oil inventories and BOEs Carney at .....»»

Category: optionsSource: insidefuturesJan 9th, 2019

Fed"s Kaplan Says It"s Time to Hold Off on Interest-Rate Rises

Federal Reserve Bank of Dallas leader Robert Kaplan told Bloomberg TV that the central bank should move to the sidelines until it can determine whether economic anxieties are temporary or a sign of something worse......»»

Category: smallbizSource: wsjJan 4th, 2019

ECB’s Lautenschlaeger Sees Possible 2019 Rate Hike on Inflation

While Lautenschlaeger “hopes and expects” there will be a rate change in 2019, it depends on the inflation data, she said. The European Central Bank may increase interest rates next year if in.....»»

Category: europeSource: fortuneJan 1st, 2019

Dow Jumps 300 Points Because the Fed Is Listening After All

Stocks are soaring after Federal Reserve Bank of New York President John Williams said that being data dependent means paying attention to the markets too......»»

Category: topSource: barronsDec 22nd, 2018

Williams says Fed is "listening" to a plunging stock market as part of data-dependent rate policy

The Federal Reserve is "listening" to a plunging stock market but still views the economy as strong enough to stick to an increasingly data-dependent, yet hig.....»»

Category: topSource: marketwatchDec 21st, 2018

Hedge Funds Are Crazy About Royal Bank of Canada (RY)

The fourth quarter was a rough one for most investors, as fears of a rising interest rate environment in the U.S, a trade war with Chin.....»»

Category: topSource: insidermonkeyDec 19th, 2018

Bank of Canada shocks market with dovish turn in tone

Bank of Canada now concerned about energy sector, trade spats, Q4 growth, sees room for non-inflationary growth.Governor Stephen Poloz now speaking.OPEC looks set to cut oil production by just 1ml.....»»

Category: optionsSource: insidefuturesDec 6th, 2018