EU Inflation Drops to 9.2% (Core up 0.2% YoY)
EU Inflation (HICP) Prints Another Lower Figure EU headline inflation (estimate) drops from 10.1% to 9.2% YoY Core inflation rises from 5% to 5.2% YoY suggesting widespread price pressures remain Latvia retains the prize for hottest inflation (20.7%) while Spain has the lowest rate (5.6%) Recommended by Richard Snow Find out what our analysts foresee […]
EZ Inflation Falls Further But No ECB Shift Expected Near-Term |
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Market Update – January 5 – FOMC: Inflation still Public Enemy No. 1
The FOMC minutes continued to show inflation was the overriding concern. Participants generally noted that upside risks to the inflation outlook “remained a key factor” for policy. It was repeated that a restrictive stance would have to be maintained for a sustained period until inflation was “clearly” on a path […]
Fed’s Kashkari backs interest rate hikes ‘at least the next few meetings’
The Federal Reserve should keep raising its policy interest rate until it is confident inflation has peaked and that means interest rate hikes “at least at the next few meetings,” said Minneapolis Fed President Neel Kashkari on Wednesday. In an essay published on his regional bank’s website, Kashkari said that he has projected that the […]