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via notayesmanseconomics As we approach Christmas the pace has really picked up in economics and financial markets and let me start my look at the UK with an international perspective. TOKYO (Kyodo) — The yield on Japan’s benchmark 10-year government …
via notayesmanseconomics This morning has brought news which made me double-check it. So without further ado let me hand you over to the Financial Times. Please do not adjust your sets. Investors have increased bets that interest rates in the …
via notayesmanseconomics This morning has brought news which takes me back to my blog on the 26th of November.,when I pointed out this. It feels as though the mood music has shifted back to interest-rate cuts and let me return …
via notayesmanseconomics This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present …
via notayesmanseconomics We find ourselves in what has become a rather familiar situation for 2025 where there is pressure for lower official interest-rates, but bond yields do not play ball. We can start with the former and as so often …
via notayesmanseconomics It is time to look at Nihon or the land of the rising sun again. What we are seeing there is that again it looks to be pushing the boundaries of monetary and fiscal policy. Let us start …
via notayesmanseconomics This morning has brought something which I thought was pretty much inevitable in these times so let us get straight to it. From the Riksbank of Sweden. To provide further support to economic activity and to stabilise inflation …
via notayesmanseconomics Just when we thought that today would be about the French vote of confidence Japan has rather stepped forward. Along the way it has confirmed one of my themes as it received some better economic news. Japan’s economy …
via notayesmanseconomics: Last night the US Federal Reserve gave its latest policy statement on US interest-rates. That is significant in itself but it has an additional importance in that due at least partly to the changes in economic policy started …
via notayesmanseconomics It has been rather an eventful week in terms of financial markets and economics as investors try to come to terms with a different looking situation. But a side-effect has been rather a quantum shift in bond markets …
by notayesmanseconomics As we arrive at Christmas Eve and the end of my blogging year we see that the main economic themes of 2024 are still in play. Let me start with one that as we came into the year …
by notayesmanseconomics This has been a rather extraordinary year for interest-rate expectations. We came into the year with expectations having been fed by the US central bank. The quotes below come from the 14th of December last year. So we …
via notayesmanseconomics Later this week the European Central Bank meets to set interest-rates for the Euro area and yet again we see that its Forward Guidance on the subject is in disarray. Let us start our journey by seeing how …
via notayesmanseconomics Today is Federal Reserve day when just after 7pm (they are usually late) we learn the interest-rate decision of Jerome Powell and his colleagues. On the surface not much is expected which is highlighted by the front page …
via notayesmanseconomics Today we can look east and let me reverse my usual order by looking at financial markets first because there is something rather extraordinary. BOJ DOESN’T BUY ETFS ON MONDAY, DESPITE MORNING DECLINE IN TOPIX. ( @financialjuice) That …
via notayesmanseconomics This morning we have heard from the Reserve Bank of Australia. Times have been getting harder in a strategic sense for the land down under as the Chinese economy has struggled. Last year was one where the consensus …
via notayesmanseconomics: It is still early in the morning and yet the theme for today is already interest-rates. Even the country that was most committed to negative interest-rates is these days in on the game. For newer readers it held …