Policy Pivot News Today

hovering around 2%. right now, it sits somewhere around 4%. thats certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and its why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process...

right now, it sits somewhere around 4%. thats certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and its why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation ...

hello and welcome to "inside politics." im john king in washington. thank you for sharing another very busy news day with us. on notice, six more lenders get put on a watch list following the bank intervengs. new inflation numbers today make the challenge even more complicated. the inflation playbook says raise them again. plus the anterior of reagan no more. gop presidential hopeful ron desantis says russias assault on ukraine and its democracy is not a vital u.s. interest. its a flip...

have a series of reports looking at life in afghanistan. also on the programme: more than 80,000 tourists are stranded in a chinese resort, after a coronavirus outbreak sparks a lockdown. and the icelandic volcano spewing out lava and molten rock, thats become a hit with tourists. live from our studio in singapore, this is bbc news — its newsday. hello and welcome to the programme. there were tears ofjoy amongst democrats in the us senate as a landmark bill to tackle climate change w...

China’s emphasis on technology and stability over short-term growth provides investors with a chance to put their capital to work in industries positioned to benefit from the policy pivot, Saxo Markets’ Redmond Wong says.

Authorities might move. the hopes are the new finance minister and new bank governor, it means orthodox policy pivot from the bank. looking for a 650 point hike this time around. eventually rates getting up to 25% over the next six months from 8% now. it would still leave real interest rates when you account for inflation and it might not be enough to stem the liras fall. thats an eye—watering amount. lets turn to southeast asia where were looking at indonesia and the philippines, who said the...

The hopes are the new finance minister and new governor, it means orthodox policy pivot from the bank. eventually rates getting up to 25% over the next six months from 8% now. it would still leave real interest rates when you account for inflation and it might not be enough to stem the liras fall. thats an eye—watering amount. lets turn to southeast asia where were looking at indonesia and the philippines, who said they will hold steady for the year. what are we looking at in terms of indonesi...

Some economists think the MPC should now get out of withdrawal of accommodation and into neutral gear. However, that may only spark hopes of an interest rate cut — something policymakers will want to avoid.

Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to gauge when the region’s central banks will begin cutting, a pivot that…

Bhide, one of the three external members on the RBIs Monetary Policy Committee, also said a rate cut or an indication of one would constitute a policy pivot