Feds Waller: Supports 25 basis point hikes. See’s encouraging signs of wage moderation
> Feds Waller: Supports 25 basis point hikes. See’s encouraging signs of wage moderation Favors a 25 basis point rate hike at the upcoming meeting and continued policy tightening beyond that We have made progress is still considerable way to go toward 2% inflation goal By early December that the policy stance was a slightly […]
ECB's Holzmann: I expect multiple rate hikes of 50 basis point at least in the 1H of 2023
<p>ECBs Holzmann is speaking to Austrian newspaper Die Presse and says:</p><ul><li>I expect multiple rate hikes of 50 basis points, at least in the 1H of 2023</li><li>Core inflation is above 5%, which is 2 1/2 times our target</li><li>there could be rate hikes if headline inflation has fallen significantly, but core inflation has not.</li><li>I am reluctant to […]
CIBC now sees the Bank of Canada hiking 25 basis points this month
Today’s jobs report showed the Canadian economy adding 104K jobs in December, far more than the 5K consensus. That follows a strong November CPI report and has the OIS market pricing in a 72% chance of another 25 bps hike at the January 25 meeting. CIBC shifted its call to a 25 bps hike after […]