XE Market Analysis: Europe - Mar 15, 2021
The dollar retained an underlying bid, with U.S. Treasury yields remaining buoyant, near Friday s highs. The DXY dollar index lifted to a high at 91.87, gaining on Friday s closing level but so far remaining shy of Friday s high. The 10-year T-note yield settled around 1.620-1.630%, just below the 13-month month highs seen at the end of last week. The theme of rising yields with a concomitant rising dollar is likely to continue into the FOMC meeting and Wednesday s monetary policy announcement. With the U.S. economy having recovered much quicker than assumed even before the gargantuan fiscal stimulus spending spree began, the Fed will be obliged to make another round of sizeable upward revisions to GDP and inflation projections, as already seen in September and December last year, alongside another downward revision to unemployment forecasts. The Fed will no doubt still repeat that there is a long way to go to restore the labour market to pr
Bank of England preview: Negative rates in focus but no changes expected yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
DOKUMENTATION/Erklärung der Bank of England zur Ratssitzung
DJ DOKUMENTATION/Erklärung der Bank of England zur Ratssitzung
Dow Jones Newswires sendet im Anschluss den von der Bank of England (BoE) veröffentlichten Text zur Ratssitzung vom 4. Februar 2021 im Wortlaut.
The Bank of England s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 3 February 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted unanimously for the Bank of England to continue with its existing programme of UK government bond purchases, financed by the issuance of