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Barkin: Closing in on inflation target but not yet there
❖ BARKIN: CLOSING IN ON INFLATION TARGET BUT NOT YET THERE
— *Walter Bloomberg (@DeItaone) February 12, 2024
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The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the January 2024 Survey of Consumer Expectations, which shows improvements in households’ ...
post: <EUR=>:*ECB'S WUNSCH: NO BIG RISK IN WAITING OR NOT FOR DATA FOR CUTSECB’s Wunsch: Risks Not Big Either Way, Whether We Wait for More Data or Not European Central Bank Governing Council member Pierre Wunsch on Thursday said that while an argument could be made for deferring monetary policy easing until more data became available, the risks of deciding not to continue to wait were also not great. Speaking briefly to Econostream following a public appearance, Wunsch, who was recently appointed to a second term at the head of the National Bank of Belgium, said that the ECB would eventually have to decide whether to cut or not with whatever information then available, but that it made little difference whether the ECB cut earlier and more slowly or later and faster. ‘[T]here is some value to waiting, but it’s not like by waiting so many days or weeks or months that we will know everything precisely’, he said. ‘So, at some point it becomes a tradeoff between the value of continuing to wait and the fact that the economy is not very strong and that inflation momentum is going down.’
Russian President Vladimir Putin on Monday (Feb 12) said that special attention needed to be paid to containing price rises while pointing out that inflation was trending lower. ...
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NFL fans were taken aback by the prices of the special nacho bowl served at Allegiant Stadium during Super Bowl LVIII. Over 60,000 people headed to the Las Vegas arena to watch ...
It’s an enormous pleasure to be here at Loughborough University this evening. I can give you three reasons for this, it’s not just the polite thing to say at the beginning of a lecture. In order of importance, I am going to start with David Llewellyn. David is very modest, you have to search quite hard to find out that he has been Professor of Money and Banking here since 1978. To say the least, that is impressive. David has been a leader in the field throughout that time. He has had many students, and he has provided the Bank of England with many of our excellent staff. As well as a big thank you, David, I think we must start planning your 50th. The second reason for the pleasure this evening is to continue a tradition of Bank Governors giving lectures here at Loughborough. Robin Leigh-Pemberton did so in 1986, and Eddie George ten years later in 1996. The gap has been 28 years this time, but I can lay claim to a bit of continuity because in 1996 I was Eddie’s Private Secretary, and I had a bit of a hand in writing that lecture. The third reason for the pleasure is that I am a native of Leicestershire, Leicester itself to be precise. And, I have good memories of visiting Loughborough. One particular post: BOE GOV. BAILEY: I EXPECT BANKS TO HOLD LARGER RESERVES AT THE BOE THAN WAS THE CASE BEFORE THE FINANCIAL CRISIS. post: BOE GOV. BAILEY: BANKS SHOULD USE BOE LIQUIDITY MORE EXTENSIVELY.
Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled back to levels last seen before the coronavirus pandemic ...
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- Posted: Feb 12, 2024 12:28pm
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 3,204
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