Short-term Divergence in Monetary Policy Expected The US economy is currently the best positioned of the major economies. In contrast, Europe has the Ukraine-Russian war plus week demand in China. Unlike other areas, European data on inflation is mixed puts…
The Consumer Price Index (CPI) is one of the most important economic indicators used to measure inflation. It provides valuable insights into the changes in prices of goods and services over a period of time. The CPI is released monthly…
The decision today is either 0.25 or a 0.50 interest rate rise. Arguments can be made for both scenarios today. If the BOE raises by 0.25 this will be seen as not doing enough but expectations are for the rate…
Bank of Japan Moves Closer to Normalization with Loosening of Yield Curve Control What is Yield Curve Control The central bank basically buys Japanese government bonds whenever the 10-year yields risk going beyond the 0.5% allowable range or below zero. …
ECB Battles Lingering Inflation with Hold or Hike says Lagarde ECB President Lagarde states that rates will not decrease but with either hold or hike to battle stubborn inflation. The mandate of the ECB is price stability. Facing tight job…
Board of Governors of the Federal Reserve System - Jerome Powell FMOC Raises Rates by 0.25 The Federal Reserve Chair Jerome Powell lifted interest rates by 0.25 moving the federal funds rate to 5.5% from 5.25%. This was widely anticipated…
The Bank of England is facing a difficult decision today. Expectations are for a hike of 0.25 to 0.50. Given the nature of the mortagage market in the UK where fixed rates beyond 5 years is not common, means that…
The Turkish Central Bank will need to hike interest rates today. The question is by how much. Currently, expectations from the market are very broad reflecting the high certaintly of the decision. That is a result of restrictive factors such…
The Turkish economy has been facing a multitude of challenges in the post-election period. The lira has been performing poorly, inflation rates are high, and regional disparities still exist. However, the new finance minister, Mehmet Simsek, has come forward with…
Our projection for the ECB rates in a couple of hours is that the rate hike will be stronger than expected for several reasons. Energy inflation has impacted the key countries of Europe, specifically Germany. Aversion to inflation within the…
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