Ecb centeno: 75 basis point interest rate hikes cannot be the norm

ECBs Centeno in an interview with Reuters says:

• 75 basis point interest rate hikes cannot be the norm
• sees a lower increase in D...

  November 23, 2022, 4:41 pm

Fed collins: latest data not reduced my sense of what sufficiently restrictive may mean

Boston Fed President Susan Collins “restoring price stability remains the current imperative and it is clear that there is more work to do.” “I ...

November 18, 2022, 2:13 pm

Bundesbank nagel: we must resolutely raise key rates further

Bundesbank President Joachim Nagel said, “We must resolutely raise our key rates further and adopt a restric...

November 18, 2022, 1:19 pm

Fed's bullard: any signs of disinflation are 'tentative at best' but he's hopeful for 2023

• Leaving it up to Chair Powell on how large rate hikes should be at any given meeting, steps don't matter on a macro level
• In terms of ...

  November 17, 2022, 2:45 pm

Fed bullard: policy rate not yet sufficiently restrictive

St. Louis Fed President James Bullard said, “even under these generous assumptions, the policy rate is not yet in a zone that may be considered suff...

November 17, 2022, 1:52 pm

Fed's bullard: policy not yet in range to be 'sufficiently restrictive'

• Fed hikes to date have only had a limited effect on observed inflation
• Even dovish assumptions about the state of mon pol warrant furt...

  November 17, 2022, 1:02 pm

Waller: still have a ways to go on rates

Fed's Waller is on the wires saying:

• Recent data have made me more comfortable with ideas of 50 bp hike in Dec.
• Will watch data ...

  November 16, 2022, 7:36 pm

Fed's barr: household balance sheets are generally strong

Fed's Barr is on the wires saying:

• Households balance sheets are generally strong
• A strong balance sheet is positive as we head ...

  November 16, 2022, 5:24 pm

Daily market commentary: the pound lost ground to other major currencies, following the release of uk inflation data

Such a scenario will no doubt impact the sentiment of investors, reducing the appeal of pound denominated assets. With further bad news likely to arri...

November 16, 2022, 11:09 am

Fed harker expects slowing hike pace approaching a sufficiently restrictive stance

Philadelphia Fed President Patrick Harker said, “in the upcoming months, in light of the cumulative tightening we have achieved, I expect we will sl...

November 15, 2022, 3:40 pm

Us cpi numbers & new opportunities

How Interpreting US Inflation Numbers Helps You to Gauge The Prospects of US Recession Stocks soared after a weaker-than-expected CPI reading, as infl...

November 15, 2022, 11:58 am

Gold advances to $1800!

Gold prices are set to rally toward the crucial resistance of $1,800. October’s inflation figure is a negative factor for the dollar, as it discount...

November 14, 2022, 9:17 am

Snbs jordan:current monetary policy is not sufficient least restrictive to lower inflation

Swiss National Bank's Jordan is speaking saying:

• S&P prepared to take all measures necessary to bring inflation back into the territoria...

  November 11, 2022, 1:23 pm

Fed's mester: upside inflation risks remain. fed needs to press forward on rate rises.

• Main risk on inflation is that the Fed doesn't hike rates enough
• Fed needs to press forward on rate rises to core inflation
• Up...

  November 10, 2022, 5:33 pm

Fed harker: in the upcoming months, we will slow the pace of our rate hikes

Philadelphia Fed President Patrick Harker said, “In the upcoming months, in light of the cumulative tightening we have achieved, I expect we will sl...

November 10, 2022, 3:12 pm

Ecb schnabel: no time for monetary policy to pause

ECB Executive Board member Isabel Schnabel said in a speech, “there is no time for monetary policy to pause… We will need to raise rates further, ...

November 10, 2022, 3:09 pm

Fed's harker: expects the fomc can slow the pace of hikes in the coming months

• At some point next year, Fed to hold at restrictive stance to assess economy
• Rate hikes...

  November 10, 2022, 2:04 pm

Blackrock are are underweight u.s. equities, say valuations have not fallen enough yet

This is a six to 12 month view from the firm, in brief:

• We are underweight U.S. equities.
• The Fed intends to raise rates into <...

  November 10, 2022, 4:15 am

Oil edges lower, gold jumps higher

Oil eases amid a surge in inventories Oil prices are a little lower again on Wednesday after falling around 3% a day earlier. This came following a st...

November 9, 2022, 9:12 am

'sufficiently restrictive': powell got it right

There was one key in the Fed's statement. Amazingly everybody initially ignored it until Powell hammered it home in the press conference....

November 7, 2022, 10:03 am