Central Bank Expectations
Here's a pretty picture of interest decisions by the European Central Bank, Bank of England, and Federal Reserve since 1999.
Source: Wachovia Corporation Economics Group
Here are the predictions of rate moves from Wachovia economists for the rest of the year:
They believe the Fed is done for the year. They also "believe that the ECB has two more 25 basis point rate hikes up its sleeve before the end of the year, and that the BOJ is likely to hike once in the fourth quarter. Slowing growth could be a mitigating factor to these expectations."
Related Posts:
- Fed Funds Rate Predictions 19:50 02 July 2006
- U.S. Interest Rate Expectations 14:48 30 July 2006
- What the Heck is Going on with Interest Rates? 13:12 08 June 2007
- Fed Hikes Rates, But Which One? 05:51 22 February 2010
- How Interest Expectations Affect the Dollar 21:46 11 June 2006
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