Tag Archives: inflation

The Bank of England’s governor, Andrew Bailey, has stated in recent trade that the U. K. will have to act with rates if there is evidence of higher inflation expectations impacting workers’ wages.Key comments by BoE’s Bailey:Much of rise in inflation has to do with reopening after lockdowns.What we are …

All expectations that signals by BoC and RBA could push the world’s monetary policy actors to accelerate their own timelines for interest rate hikes, ran into a solid wall with the U. S. Federal Reserve and European Central Bank announcing they would not hike interest rates so fast, though Fed …

The Reserve Bank of Australia has used Friday’s quarterly assessment of the economy to announce that lockdown has delayed but not derailed the nation’s economic recovery.It says economic activity probably contracted by 2.5% in the three months to last September, but the Q4 could regain most of the previous losses, …

Treasury yield on 10-year bonds slides below 1.5%, extending a remarkably volatile week. U.S. government bonds rallied after a better-than-expected jobs report Friday, sending the yield on the benchmark 10-year Treasury note below 1.5% for the first time in about a month.The yield on the 10-year note recently traded at …

Stocks broadly surged on Friday afternoon trading on Wall Street as investors and traders welcomed news of rebounding hiring by U.S. employers throughout October.The Dow Jones Industrial Average rose 225 points, or 0.6%, to 36,347 and the Nasdaq rose 0.6%, whereas S&P 500 rose 0.6%. More than 80% of stocks …

Inflation is still the one issue that irritates fiscal policymakers and the officials of the central banks across the Atlantic.On Thursday’s session, the U. S. dollar was the unchallenged winner. The USD was able to resume its advance and reached fresh weekly highs against high yielding rivals. On the other …

On Thursday’s session, the U. S. dollar is the unchallenged winner. The USD was able to resume its advance and reached fresh weekly highs against high yielding rivals.On the other hand, safe-haven assets edged higher against the USD, although without breaking any critical level.The Bank of England had a monetary …

All expectations that tightening signals by BoC and RBA would push the world’s biggest monetary policy actors to accelerate their own timelines for rate hikes ran into a wall with the U. S. Federal Reserve and European Central Bank saying they would not hike interest rates so fast.Rate futures and …

Inflation in the U. K. could become out of control, pushing workers to demand higher wages to protect their living standards. Any spiral of higher wages could, in turn, lead to higher inflation, which ignites concerns of all central banks.There exists also a growing sense among some policymakers that the …

The U. S. dollar closed Wednesday with modest losses against most of its major rival currencies, following the Federal Reserve Bank’s monetary policy announcement. Fed kept interest rates unchanged as expected, and announced the reduction of its asset purchases by $15 billion per month. The Fed will begin taper later …