Finance

Fed moves to a hawkish consensus, Executive Programme in Gold Reserves Management

Commentary: Fed moves to a hawkish consensus

By Darrell Delamaide in Washington

At the Federal Reserve, the doves are flocking to the hawk side of the perch as a consensus grows that policy-makers should temper robust US growth with a steady increase in interest rates, reflecting strong growth, low unemployment and inflation approaching the Fed’s 2% target.

The 16 members of the Federal Open Market Committee have raised their expectations for US growth both this year and next, with Fed presidents...

http://www.allaboutshipping.co.uk/2018/10/01/fed-moves-to-a-hawkish-consensus-executive-programme-in-gold-reserves-management/

Daily Overview of Global Markets & the SEE Region (Monday, October 1, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Market concerns about Italy’s public finances stability prevail. Against this background, investors continued to demand a higher credit risk premium on Italian government bonds while the EUR/USD was hovering in early European trade within distance from Friday’s two-week intraday low of 1.1566. Elsewhere, the CAD was among the main outperformers in FX markets on news that Canada was to join the US and Mexico to form a revised NAFTA...

http://www.allaboutshipping.co.uk/2018/10/01/daily-overview-of-global-markets-the-see-region-monday-october-1-2018/

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