Inflation
constancio: worry about recent moves in EUR
the following was a statements from Vitor Constancio, ECB vice president:
UK inflation slows for the first time in 6 months
16 Jan 2018 12:31 PM |Inflation in the UK slowed for the first time in six months in December, with the
US inflation figures hit their highest levels in 8 months
13 Oct 2017 03:29 PM |US inflation figures rose in September to their highest level in eight months, with the consumer price index up by 0.5%, after rising by 0.4% in August. The rise is the largest since January, and the index rose on a yearly basis to 2.2% in September from 1.9% in August.
The US dollar is falling awaiting of inflation data
13 Oct 2017 02:13 PM |Global stocks rose for the fourth consecutive day on Friday in light of expectations for the growth of the world economy, while the performance of the US dollar is the worst for five weeks as the markets watched US inflation data.
The week ahead (9-13 October)
9 Oct 2017 02:33 PM |US labor market data came at the top of last week's economic data, showing the US economy improved despite the economy losing 33,000 jobs in September, but wage and unemployment data showed a marked improvement. The desire for the independence of Catalonia from Spain also dominated the eurozone significantly.
Mersch: There is some disappointment with recent inflation data
9 Oct 2017 12:50 PM |Yves Mersch, ECB Executive Board member, made the following statement:
- The quantitative easing program has significantly improved the credit situation.
- It is difficult to predict inflation expectations in the light of global globalization.
ECB is publishing more details about its holding of corporate bonds
6 Oct 2017 01:41 PM |The European Central Bank (ECB) is starting to publish more details about its corporate bond holdings following pressure from European and national policymakers to make purchases more transparent. Data on corporate bond holdings by country, rating and sector will be released today.
Poloz: we will proceed cautiously on rates
27 Sep 2017 07:04 PM |Stephen Poloz, governor of the Bank of Canada, made the following statement:
- There is no predetermined path of interest rates, here we depend on economic data.
- Monetary stimulus in 2015 is no longer needed.
- We will watch developments in financial markets, including long-term interest rate movements and the exchange rate
Daily wrap up -26 September
26 Sep 2017 09:02 PM |On the economic calendar today, the most prominent headline was Janet Yellen, FED Governor speech, entitled "Inflation, Uncertainty and Monetary Policy", warning FOMC from moving too gradually and confirmed that the Fed able to meet the inflation target of 2%, and not considering changes in the target, noting that it is the uncertainty that strengthens the policy of gradually rate hike, which she supports despite the weakness of inflation.
Yellen: Uncertainty strengthens the gradual approach to raise interest rates
26 Sep 2017 07:51 PM |The remarks by Janet Yellen, Federal Reserve Governor, were as follows:
- A gradual approach to rate hikes is appropriate in the light of subdued inflation.
- It would be unwise to leave interest rates unchanged until inflation reaches 2%.
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