BoE Preview: Inflation Demands More Hiking Despite Mortgage Pain
Core and headline inflation remain uncomfortably high despite easing on the headline front. Base effects likely to see sharper fall into second half of the…
Source: biztoc.com
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BoE Preview: Inflation Demands More Hiking Despite Mortgage Pain
The Bank of England is likely to raise benchmark rates this week as signs of secondary effects of inflation appear. Rate expectations to support GBP/USD
Source: dailyfx.com
El-Erian Says 'Humbled' Fed Needs Skill, Time, Luck for Soft Landing
"History suggests when the Fed is this late, the probability of a recession is uncomfortably high," the economist told CNBC on Thursday.
Source: businessinsider.com
The Bank of Canada hikes 50bps as expected USDCAD initially lower
The key rate now sits at 1%, its highest level since the pandemic began in March 2020.
Source: cityindex.co.uk