- High on hopes of never-ending central bank stimulus and desperate for clarity on the size and timing of their next fix, financial markets look like they are being walked back from the more aggressive bets by officials wary of excessive exuberance.
Some of the pullback is of course due to ebbing political risk in places such as Britain, Italy and Hong Kong, alongside hopes the United States and China will be able to resolve their trade spat at talks scheduled for next month. Sweden’s Riksbank stuck to flagging rate hikes, while the Bank of Canada made no mention of policy easing plans, sending October rate cut bets to about 50% from nearly 70%As for the Fed, expectations of a half-point cut in September have receded to zero, while traders now price some 55 basis points of cuts by year-end versus 70 bps a month ago.
“Central banks are saying ‘look we are aware of the balance of risks but you may have got a bit ahead of yourselves’,” said Stewart Robertson, senior economist at Aviva Investors.
BruceKamich Growth has slowed below trend since the crash in 2007 and we continue to be in a very long depression with no end in sight.
'central banks push back against markets greedy for stimulus' Keyword; greedy Interpretation; Some are wiser than POTUS.
Yes the monetary policy indicator rate was expected to fall in quite a number of countries but the 11th hour MPC’s stalled the decision, creating a short lived havoc and uncertainity in the market. But today things dont look too bad.
If you pull all your levers before you need to, when it all goes to shit you have no options.
greed is what drives the economy, it's called Capitalism.
Central Bankers are smart folks.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Eating an unhealthy, high fat, high carb diet is also very bad for the brain, scientists say'There are specific brain mechanisms that get activated when we expose ourselves to specific type of foods,' study leader Sabrina Diano said. No shit Sherlock! Junk Foods, Processed Foods, Sugar High Fructose Corn Syrup etc etc So is reading your articles
Source: Newsweek - 🏆 468. / 52 Read more »
Average FICO score hits all-time highMore people understand their credit behavior, and are checking their scores more often. Not this one
Source: NBCNews - 🏆 10. / 86 Read more »
High school student has 'medical emergency' after vaping, officials sayA Houston-area high school student fell ill after vaping and was rushed to the hospital on Monday evening, officials said. Why don’t these damn kids just smoke cigarettes like we did? I don’t remember anyone ever getting rushed to the hospital when we were in high school because of smoking a Newport Wax...THC What brand(s)? Funny how if there's a problem with chicken the media and health department have no problem with naming the brand. But this they just want everyone to just stop vaping.
Source: ABC - 🏆 471. / 51 Read more »
High school girl who won swim meet disqualified over 'curvier' figure, 'suit wedgie,' coach saysA high school swimmer in Alaska was denied a victory Friday because of a 'uniform violation,' sparking accusations of discrimination and body shaming.
Source: AOL Lifestyle - 🏆 704. / 51 Read more »
Student Jailed On Sex Assault Charge Freed After Judge Deems Him ‘High Achieving’University of Florida senior Ian Milaski, accused of battery and false imprisonment, was released on his own recognizance to await trial. I wouldn't consider sexual assault an achievement. He made the quarter pre-semi finals in his county for glee club so there's that... Seems about white.
Source: YahooNews - 🏆 380. / 59 Read more »
Brazil’s Sky-High Murder Rate Begins to FallHomicides in Brazil have declined by a fifth this year after falling in 2018 at the fastest rate in at least a decade, reversing a violent trend that has haunted Latin America’s biggest nation. That or murders being reported has dropped. Maybe Chicago and Memphis should take some notes. Maybe having a loser president gave them bigger problems to worry about.
Source: WSJ - 🏆 98. / 63 Read more »