Fed, Bank of Japan Both on Hold For Now
The main focus of the week was on central banks as the Federal Reserve and the Bank of Japan both met. While not changing rates, the Fed did amend its statement released after the meeting to indicate that earlier concerns about the global drag on the strength of the US economy may be receding. The Bank of Japan (BOJ) also stood pat, which surprised markets, and will continue to assess the impact of its earlier moves before engaging in further easing.
Pioneer Compass: A Quarterly Update on the Direction of the Markets
Insights & Perspectives | April 22, 2016
Pioneer's COMPASS presentation provides comprehensive data and commentary on global markets. Designed as a tool to help clients understand the markets and support investment decision-making, the capital markets update explores the potential implications of current economic data and changing market conditions.
Macro Advisory Forum: Central Banks are Pushing on a String
Insights & Perspectives | April 8, 2016
Markets are increasingly testing the effectiveness of Central Banks (CBs), pushing them to over-deliver, but this strategy could become dangerous. Pioneer Investments' specialists recently gathered to discuss the role of CBs going forward and found that the risk of disappointing markets is rising, which could stir new waves of volatility.