Tag Archives: cpi

It has been a big week for a number of major central banks worldwide. Central banks continuing to raise interest rates in an effort to tame inflation, largely dismissing for now the threat to economic growth posed by the spread of the Omicron variant. On ‘Super Thursday’ for central banks, …

The US central bank doubles its QE reduction to USD 30 billion, eyeing three rate hikes in 2022. The ECB announced a “hawkish” hold, PEPP to end in March as scheduled.On Friday, the EUR/USD plunges during the New York session, trading at 1.1237, down by 0.85%. The market sentiment is …

The Federal Reserve raising interest rates next year would signal the central bank feels good about the country’s economic recovery, New York Fed President John Williams said Friday.“I go into next year feeling [like] the baseline outlook is a very good one. Therefore, actually raising interest rates would be a …

UK inflation figures climbed to a 10-year high in November as consumer prices continue surging while traders, investors and market participants eye the Bank of England’s crunch monetary policy meeting on Thursday.The Consumer Price Index rose by 5.1% in the 12 months to November, up from 4.2% in October, which …

The annual inflation rate in Canada remains at 4.7% in November. Analysts point out that inflation pressure continues to broaden; that combined with a stronger labour market will prompt a rate hike from the Bank of Canada during the second quarter of next year. Canada’s headline inflation rate was unchanged …

The US Federal Reserve officials on Wednesday are expected to set plans to begin accelerating the withdrawal of the massive bond-buying program, enacted in early 2020 to help the economy and financial markets cushion the impact of the coronavirus pandemic, as they seek to remove the crutches from the US …

The US Dollar Index (DXY) which measures the performance of the US dollar against major currencies, has slid by 0.19%, settling at 96.04 during the New York trading session.The market sentiment was positive as the Wall Street session closed, with major US shares finishing in the green territory recording gains …

The US Dollar Index (DXY) which measures the performance of the US dollar against major currencies, has slid by 0.19%, settling at 96.04 during the New York trading session.The market sentiment was positive as the Wall Street session closed, with major US shares finishing in the green territory recording gains …

US government bond yields slid lower Friday after data showing the fastest inflation in decades reinforced investors’ expectations for the economy to start slowing next year while the Federal Reserve tightens monetary policy.In recent trading, the yield on the benchmark 10-year US Treasury note was 1.479%, compared with 1.486% Thursday.Core …

Traders are eying key economic data on Friday. Consumer inflation forecast to accelerate to 6.8% annually from 6.2% while Core CPI expected to rise to 4.9% from 4.6%. Producer prices, The monthly increases are predicted to be 0.7% in the headline rate and 0.5% in the core.Wages point to still …