Markets News Regulators 

The Fed could move markets this week when it tells us what it was thinking at the January meeting

“In what felt like an about face from its December meeting, Powell also emphasized that the Fed would be flexible with its balance sheet” writes Yuri Gripas for cnbc.com. Stocks were higher in the past week, even with Thursday’s sell off on stunningly weak December retail sales data.The Fed calmed the markets in late January when it said it could stop raising interest rates, but investors are watching the release of its meeting minutes for any sign the Fed could veer off its easy path.There could be discussion in the…

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News Regulators 

Fed policymakers see one U.S. rate hike, or none, as growth slows

“In December, when the Fed raised interest rates a fourth time that year, most Fed policymakers penciled in two more rate hikes for this year” reports businessinsider.com. This week, as disappointing U.S. retail sales and industrial production data raised the prospect that the U.S. economy will slow more quickly than expected, three Fed policymakers gave an answer: one rate hike, or perhaps none at all.The first broad read of their views will come in March, when the Fed next releases forecasts for the economy and rates. Source: businessinsider.com

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Markets News Regulators Stocks 

Get used to wild swings for this stock market, and thank the Fed for that, says analyst

“Our call of the day, from Seema Shah, global investment strategist at Principal Global Investors, is less sanguine” writes Markets Reporter for marketwatch.com. A big data dump awaits, on the heels of that dismal retail sales data.Or, if the Fed was simply propping up markets, renewed fears of inflation and rising interest rates are likely.Shah worries that the market has swung from “excessively pessimistic to excessively optimistic,” and may be underestimating coming headwinds from a global slowdown.Investors have been haunted by three big themes this week: trade talks, U.S. politics…

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News Regulators Reviews 

Policy Daily Review February 15, 2019

Policy Daily Review for February 15, 2019 EUR/GBP: Downside capped as UK government losing motion, hard Brexit still on the cards EUR/GBP was better bid after the pound dropped around 1.5c vs the buck yesterday, for no apparent reason as the dollar marched on within its uptrend,   UK: Lawmakers reject government motion seeking to reaffirm support for PM May British lawmakers have rejected PM May’s main Brexit motion that seeks to reaffirm support for May’s plan to seek changes to her Brexit deal, 303 vs 2   UK PM…

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USD: US CPI: Nothing In It To Sway The Fed From Doing ‘Nothing’ For Now – CIBC

“Core price were up 0.2%, on expectations, with the 12 month rate holding at 2.2% (a tick above consensus)” writes Yohay’s Google Profile for forexcrunch.com. Nothing in this to sway the Fed from doing what its doing now, which is nothing at all on rates until the economy provides more evidence on how its holding up in 2019,” CIBC adds.Here is their view, courtesy of eFXdata: “By the magic of seasonal adjustment and methodology revisions, US CPI managed to be both a bit hotter and a bit cooler than expectations…

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Markets News Regulators 

Fed may use rebound as motive to revive rate hikes, market researcher James Bianco warns

“His base case calls for no interest rate hikes this year, but market researcher James Bianco has his guard up” writes unknown author for cnbc.com. Regardless of whether the Fed hikes or not, Bianco suggests there may not be much market upside left.”The stock market is rallying basically for one reason: The Fed backed off,” Bianco said.”We need earnings to step up. Source: cnbc.com

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Policy Daily Review February 14, 2019

Policy Daily Review for February 14, 2019 Understanding the 199A Deduction After The New IRS Final Regulations A new deduction for small business owners can save thousands on taxes each year, but qualifying to the deduction can be complex. New IRS guidelines help explain some of the complexity, but the details of making the deduction work still require some careful planning and expertise.   What To Expect From CME Group’s Q4 CME Group had a fairly strong first three quarters of 2018, as the exchange managed to grow its revenue…

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News Regulators Reviews 

Policy Daily Review February 13, 2019

Policy Daily Review for February 13, 2019 Crude Oil Surges on OPEC Jawboning, US May Avoid Another Government Shutdown – US Market Open Crude Oil Surges on OPEC Jawboning, US May Avoid Another Government Shutdown – US Market Open   EUR/JPY: Fragile on 125 handle on dovish ECB outlook EUR/JPY has been sent up to a key resistance level through 125 the figure as EUR/USD bears get squeezed below the 1.13 handle as price moves to test t   Dow climbs by about 200 points at the open as worry…

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The shock surge in US car loan delinquencies gives a clue why the Fed is treading carefully — even in a booming economy

“It’s likely the Federal Reserve, which is pausing its plan to raise interest rates for now, is using other yard sticks to gauge US economic health” writes Trista Kelley for businessinsider.com. “American consumers [are] exposed to any unexpected loss of their job or increase in interest rates,” says Russ Mould, Investment Director at UK investment platform AJ Bell.Fed economists said the surge in delinquent borrowers, defined as being at least 90 days behind on payments, was “surprising” considering the strong labor market and economy.As a percentage of GDP, US debt…

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