Fed to keep rates on hold for ‘foreseeable future’, Pimco says
US central bank will wait for more details of Trump’s policies before resuming cuts, says bond manager’s investment chief ...
UK interest rates have a long way yet to fall, says Goldman Sachs
Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the ...
Will US inflation ever go below 3%?
Reports of the demise of US inflation have been greatly exaggerated. Today on the show, Rob Armstrong and Aiden Reiter ...
Transcript: Trump halts $300bn in clean energy loans
European banks are on the up and up. And President Donald Trump has thrown spikes on the road for US climate policy. Plus, mining companies in Africa’s Sahel region are being targeted. Aanu Adeoye ...
The Magnificent Seven in Trumpland
The Mag Seven are such a huge part of the US stock market that a change in their fortunes amounts to a change in the character of the whole market. So what is going on here? It would be most welcome ...
Inflation: still quite annoying
Unhedged feels only a little reassurance. We thought inflation was all but beaten four months ago, and were wrong; once burnt, and all that. Despite this good report, however you look at it, core ...
Is US inflation set to rise further?
Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...
Bank of Japan expected to raise rates on Friday with inflation and wages ‘on path’
The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino.
What’s up with bond yields?
Let’s face it, while they are intellectually fascinating, there are no good news stories about bond markets. It’s always “someone’s defaulted”, “someone’s crashing the economy”, or some other such ...
On hawks, doves and pigeons
Then there are the doves — those who fixate more on maximising employment and output growth while tolerating greater inflation risk. Hawks prefer to keep interest rates high while doves prefer them ...
Trump’s victory could be disinflationary (eventually)
After experience of Biden administration, fighting price rises likely to be political priority over targeting economic growth ...
Letter: ECB is right to take heart from recent inflation data
The ECB is right to regard the recent inflation numbers as encouraging, but not to make markets believe such low rates should prevail in the near future. Price stability, while in sight, isn’t yet ...