BoE’s Gov Bailey: Services Inflation Is Still Above A Level That's Compatible With On-Target Inflation

post: ECB PANETTA SAYS ECB MUST MOVE TO NEUTRAL STANCE ON INTEREST RATES post: ECB'S PANETTA: ECB NEEDS TO GIVE MORE EXPLICIT INDICATIONS OF ITS RATE POLICY INTENTIONS post: ECB'S PANETTA: EURO ZONE ECONOMIC ACTIVITY REMAINS WEAK, NO TURNING POINT IN SIGHT FOR BELEAGUERED MANUFACTURING SECTOR post: ECB'S PANETTA: IF DOMESTIC DEMAND REMAINS WEAK INFLATION COULD FALL WELL BELOW 2%

The euro area annual inflation rate was 2.0% in October 2024, up from 1.7% in September. A year earlier, the rate was 2.9%. European Union annual inflation was 2.3% in October ...

post: BANK OF ENGLAND MPC'S TAYLOR: DISINLFATION IS UNFOLDING AS WE WOULD EXPECT post: BOE MPC'S TAYLOR: THERE IS A WIDE RANGE OF POSSIBILITY FOR BOE RATE CUTS, DEPENDS ON HOW THE DATA UNFOLDS. post: BANK OF ENGLAND MPC'S TAYLOR: **LABOUR MARKET DATA KEY FOR MY VIEW ON RATE CUTS **'GRADUAL' RATE CUTS IS CLOSELY ALIGNED TO MARKET CURVE CURRENTLY, ABOUT 100 BPS OVER NEXT YEAR **THAT IS NOT NECESSARILY WHAT WILL UNFOLD, DEPENDING ON ECONOMIC CONDITIONS

post: BUNDESBANK: THE GERMAN ECONOMY IS TO STAGNATE IN Q4, NEGOTIATED WAGES LIKELY PEAKED IN Q3.