The Fed will continue its monetization policy: To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee agreed today …
Search Results for: performance
September 12, 2012
The Great Regulatory Job Creation Scheme is gathering steam: U.S. regulators are set to choose the first non-bank companies likely to be branded potential risks to the financial system, according to two people with knowledge …
DBRS Downgrades TCL to Pfd-3, Negative Trend
DBRS has announced that it: has today downgraded the Senior Unsecured Debt rating of Transcontinental Inc. (Transcontinental or the Company) to BBB from BBB (high) and its Preferred Shares rating to Pfd-3 from Pfd-3 (high). …
September 11, 2012
There’s a new wrinkle in the financial repression chronicles: JPMorgan Chase & Co. (JPM) and Bank of America Corp. are helping clients find an extra $2.6 trillion to back derivatives trades amid signs that a …
September 10, 2012
There are rising expectations for low rates forever: Just six months ago, money market traders expected the Federal Reserve to raise interest rates by the end of 2013. Now, they see borrowing costs staying at …
September 7, 2012
US Payrolls weren’t very encouraging: Payrolls rose less than projected in August and the unemployment rate was unexpectedly driven down by Americans leaving the labor force, boosting the odds of additional Federal Reserve easing to …
SLF: DBRS Calls "Review-Negative"
DBRS has announced that it: has today placed its ratings of the debt and preferred share instruments of Sun Life Financial Inc. (Sun Life or the Company) and its affiliates Under Review with Negative Implications. …
September 6, 2012
The European Central Bank is going to purchase sovereigns: As announced on 2 August 2012, the Governing Council of the European Central Bank (ECB) has today taken decisions on a number of technical features regarding …
September 5, 2012
The BoC stood pat: In Canada, while global headwinds continue to restrain economic activity, underlying momentum remains at a pace roughly in line with the economy’s production potential. Economic growth is expected to pick up …
September 4, 2012
There are some indications of the size of QE3: Federal Reserve Bank of San Francisco President John Williams called for additional bond purchases by the Fed to spur economic growth that would be open- ended …