Keyword: federal reserve

26 results found
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The U.S. dollar is overvalued and, if history has any lessons for investors, it’s that the dollar is set for a multi-year fall, according to Mondrian Investment Partners Ltd. “The way that we look at currencies generally is to take a valuation approach,” says Kevin Fenwick, portfolio manager for global fixed income and currency at […]

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The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds. The Fed’s surprise announcement signalled its rising concern that the viral outbreak will depress economic growth in […]

Coronavirus poses tough challenge for economic policymakers

The fast-moving coronavirus isn’t just confounding health officials. It’s also bedevilling policymakers and central bankers who are struggling to assess the economic damage from an outbreak that’s reached 37 countries and territories, infected 80,000 people and killed 2,700 worldwide. They don’t know where or how fast the virus will spread. They can’t draw on clear […]

As financial professionals, we deal with money daily, but few of us have the time to step back and think about what exactly it is that we are investing, trading, or risk managing. Money is just there in a way similar to gravity or oxygen. This lack of scrutiny has allowed money to become a […]

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Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest rates low after its latest policy meeting. Speaking at […]

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The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered a record 11th year: That contrary to long-standing […]

DB plans are better funded but expect returns to slump

Defined benefit pension plans are lowering their long-term return expectations, according to research from U.S. consulting firm, NEPC. According to the NEPC’s survey of corporate and healthcare DB pensions, a third of plan sponsors now have a return assumption of six per cent or less, compared with 20 per cent that said the same in […]

  • By: Staff
  • November 20, 2019 February 23, 2021
  • 09:42
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The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it indicated that it won’t cut again in the coming months unless the economic outlook worsens. The Fed’s move reduces the short-term rate it controls, which […]

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With the U.S. Federal Reserve scheduled to announce its latest rate decision on Wednesday, what can institutional investors expect? Rob Almeida, global investment strategist at MFS Investment Management, says he expects a 25-basis point cut. “I think anything different from that would be a surprise to the market.” Since the last cut the data has […]

The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the economy in the face of uncertainties like the U.S.-China trade conflict and Brexit. The central bank for the 19 countries that use the euro cut the rate on deposits it takes from banks to minus 0.5 per cent from […]