International Finance

Tag : rates

Banking

Decoupling Eurozone and US interest rates using unconventional monetary policy

In continental Europe, interest rates tend to swing with their US and UK counterparts only up to 2013 Benoit Mojon Interest rates tend to move together. In Figure 1, we report interest rates on Treasury bonds of five-year maturity for the Eurozone member states that have the best ratings, and for the US, the UK,...
Banking Finance

Mortgage rates rise after Trump victory

The benchmark 15-year fixed-rate mortgage rose to 2.97 percent from 2.96 percent IFM Correspondent November 14, 2016: Mortgage rates have quickly surged ever since Trump was declared the victor of the US presidential election. Rates modestly changed, with the benchmark 30-year fixed mortgage rate rising to 3.73 percent, according to Bankrate.com’s weekly national survey. After...
Banking Finance

Now, all eyes on Trump’s team

Stock markets buoyed by expectations that global central banks will keep monetary policy loose IFM Correspondent November 14, 2016: Investors endured a rocky day of trading after the shock election of Donald Trump as the next US president sparked a bout of unusual volatility that rocked financial markets around the world. Shares and bonds whipsawed...
Economy

US Fed monetary policy: A moving target

International Finance Desk
Interest rates unchanged following the September meeting Ken Taubes September 26, 2016: As expected, the Federal Reserve Board left interest rates unchanged following the September meeting of the Federal Open Market Committee (FOMC). In its statement following the meeting, the FOMC said, “The Committee judges that the case for an increase in the federal funds...