Monthly Archives: September 2015

September 2015

Economic Outlook – 28 September 2015

2017-05-03T07:39:50+00:00

US The decision by the Federal Open Market Committee (FOMC) not to lift the federal funds rate at last week’s meeting came as no surprise. However, the rationale given by FED Chair Janet Yellen for not moving and the perceived tone of her comments did. Although Yellen acknowledged that there had been an active discussion [...]

Economic Outlook – 28 September 2015 2017-05-03T07:39:50+00:00

Economic Outlook – 21 September 2015

2017-05-03T07:46:09+00:00

US The Federal Open Market Committee (FOMC) kept interest rates unchanged due to concerns about global weakness, especially in China, but left open the possibility of a modest policy tightening later this year. In the Committee’s own words: “Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further [...]

Economic Outlook – 21 September 2015 2017-05-03T07:46:09+00:00

Economic Outlook – 14 September 2015

2017-05-03T07:52:39+00:00

US The main event in the coming week is the FOMC meeting on 16-17 September. The meeting will provide updated economic projections as well as a press conference with Chair Yellen. The US economy has made significant progress over the past year, in particular on the labour market. As full employment has virtually been reached [...]

Economic Outlook – 14 September 2015 2017-05-03T07:52:39+00:00

Economic Outlook – 7 September 2015

2017-05-03T07:58:14+00:00

US While August jobs were a touch disappointing on the headline at +173,000, the big upward revisions to the two prior months and the two-tick drop in the jobless rate to a cycle low 5.1% were solid offsets. The decent employment report capped a week of generally sturdy economic results. Factory orders for July came [...]

Economic Outlook – 7 September 2015 2017-05-03T07:58:14+00:00