More from NY Fed Pres. Williams: Large AI investments in US are affecting global demand for capital People don’t like high inflation Getting inflation to …
Category: Central Banks
Inflation to overshoot target by 1 pp It will take 2-3 years to get back to target Could be a decade of Fed overshooting target …
Fed Gov. Barr is also speaking and says: Progress has been made on inflation, but there is still work to do. Two-speed economy with wealthier …
NY Fed Pres. Williams is on the newswires saying: The natural rate of interest is hard to pin down Model based neutral rate estimates around …
Most of labour market indicators show stability in market We should be careful taking payroll job number drop as an indicator of job market (unemployment …
Our decision will be conditional on fiscal policy as well Not in a position to speculate on the budget for the time being We won’t …
We need to see downward path of inflation become more established before cutting again Today’s decision is based on two key judgements The first being …
Prior 4.00% Bank rate vote 5-4 vs 6-3 expected (Breeden, Ramsden, Dhingra, Taylor voted for 25 bps rate cut) Prior 7-2 CPI inflation is judged …
The expectation is that they will maintain the bank rate at 4.00% this week, though the voting decision is a bit more varied. We are …
BASELINE The Bank of England (BoE) is expected to hold the Bank Rate steady today at 4.00% and the QT pace unchanged. The vote split …