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Bernanke Review: How the former Fed boss could shake up the Bank of England
The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its monetary policymaking. The review was launched last summer to assess the Bank’s struggles to accurately project the huge global spike in inflation, following Russia’s invasion of Ukraine. This led to the BOE being too slow to hike interest rates and subsequently having to raise its main bank rate to a 15-year high of 5.25%. With inflation now falling faster than the MPC had anticipated, some economists have argued that the Bank is committing the same mistake ... (full story)
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From zawya.com|Apr 10, 2024The Bank of Canada (BoC) is expected to hold its key overnight rate steady on Wednesday, with economists and analysts hoping to get some direction on the timing of its first rate ...
From statcan.gc.ca|Apr 10, 2024Month over month, the total value of building permits in Canada increased 9.3% to $11.8 billion in February. The non-residential sector grew 12.3% to $4.7 billion due to the ...
From bls.gov|Apr 10, 2024|42 commentsThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February, the U.S. Bureau of Labor ...
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From bankofcanada.ca|Apr 10, 2024The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative ...
From static.bankofcanada.ca|Apr 10, 2024Consumer price index (CPI) inflation in Canada is easing as monetary policy works to reduce inflationary pressures. Core inflation is also coming down, although risks remain and ...
From think.ing.com|Apr 10, 2024US core consumer price inflation came in at 0.4% month-on-month, above the 0.3% consensus – only one forecaster predicted such an outcome so just like last Friday's jobs report ...
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- Posted: Apr 10, 2024 9:30am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,347
