Tag Archives: inflation

The majority of grocery stores have had trouble stocking up during the pandemic due to shortages of supplies and labour. Omicron is adding to the present trouble. Canceled flights, bare shelves at grocery stores, reduced bus schedules and schools closed due to staff shortages are only a few examples.The rapid …

Goldman Sachs expects the US Federal Reserve to raise interest rates 4 times this year, in March, June, September and December, according to Bloomberg. Rapid progress in the US labour market and hawkish signals in minutes from the Dec 14-15 Federal Open Market Committee suggest faster normalisation, Goldman’s Jan Hatzius said in …

Inflation, rising rates and the Federal Reserve could lash US stocks next week. After a sharp jump in bond yields with the new year, rising rates could again impose a different tone on the stocks next week. Powell and Brainard’s TestimonyBig events, for newt week, include testimony by Federal Reserve …

Will the Bank of England hike interest rates again at the beginning of February? Market observers do believe the answer is yes. The monetary policy committee may wait until May, though February’s meeting is looking much more 50:50 than it did just a few weeks ago. Partially, that is because …

Inflation in the Eurozone climbed to an annual rate of 5 percent in December, the second-consecutive record, according to the European Union statistics office’s initial estimate, which was released on Friday.The rate was slightly higher than the previous month’s increase of 4.9 percent. Inflation around the world has jumped as …

The US 10-year note’s yield extended its climb, reaching the highest level in nearly two years, after December employment data showing strong wage growth fanned inflationary concerns and solidified March as the likely starting point for the first rate hike by the Federal Reserve.While the 199,000 new jobs fell short …

San Francisco Federal Reserve Bank President Mary Daly said on Friday that inflation is not as temporary as the Fed policymakers once thought because Coivd-19 isn’t either. A wage-price spiral isn’t showing up in the data yet, she added, but is worth watching for. Key Quotes“Anchored longer-run inflation expectations also …

Nonfarm Payrolls relatively disappointed prior estimates, but the labor market indicators were stronger than expected. The employment data has had a modest impact on the forex market. In the light of the NFP data, the US Fed is very determined to move out of easing policy settings.The disappointment in payrolls …

Industrial Production in Germany unexpectedly fell in November, the official data showed on Friday, suggesting that the recovery in the manufacturing sector is faltering. Eurozone’s economic powerhouse’s industrial output fell by 0.2% MoM, the federal statistics authority Destatis said in figures adjusted for seasonal and calendar effects, vs. a 1.0% …

St. Louis Fed President James Bullard said on Thursday that the US Fed could raise interest rates as soon as March. The Fed official, known as a hawk and aligned with the market sentiment, explained that the US central bank is now in a “good position” to take even more …