Nope... All is going fine and they will hike rates 2 more times. For sure they will think about their country first not the rest of the world. This is so patriotic and normal
Ferrara and De Roux actually pose the question more tactfully, in their paper (Capturing international influences in U.S. monetary policy through a NLP approach) presented at the ISF meetings here in Charlottesville. They look to see if in the FOMC minutes, international economic issues are mentioned in a way that, when converted to an index, shows up as statistically significant in a Taylor equation, and provide the answer “yes”. First the “International Attention Index”: chart Next, the regression of fed funds rate on lag, nominal interest rate, PCE gap and output gap, augmented with the International ... (full story)
Annual growth rate of broad monetary aggregate M3 decreased to 1.4% in May 2023 from 1.9% in April Annual growth rate of narrower monetary aggregate M1, comprising currency in ...
tweet at 3:48am: ECBís Muller: Too Early To Say Where Rates Will End Up - BBG TV - Rate Increases Gradually Having Impact - Need To Look At Data For Rate Hike Beyond July tweet at 3:50am: ECBís Muller: Main Concern Still Has To Do With Inflation Dynamics - BBG TV
tweet at 3:38am: ECBís Centeno: Inflation Easing As Quickly As It Went Up - CNBC tweet at 3:39am: ECBís Centeno: Economy Already Taking A Hit, Inflation Will React - CNBC tweet at 3:40am: ECBís Centeno: We're Definitely Getting To Terminal Rate - CNBC
tweet at 4:12am: ECBís Vujcic: There's Good Chance Of September Rate Hike - CNBC - Think We Can Still Engineer A Soft Landing tweet at 4:23am: ECBís Vujcic: Inflation Persistence Means May Be No Sept. Pause - BBG TV tweet at 4:25am: ECBís Vujcic: We're Still Far Away From The Inflation Goal - BBG TV tweet at 4:26am: ECBís Vujcic: We May Reconsider PEPP Timeline - BBG TV
According to preliminary estimates, in June 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was null compared with the previous month and ...
Central banks worldwide are facing the challenge of elevated core inflation. Last week, the Bank of England raised rates by 50bps to 5% due to persistently high core inflation at ...