Bloomberg (May 12)
“The euro short-term rate, or ESTR, is currently 10.5 basis points below the central bank’s deposit rate, which is at its highest in 15 years. That’s close to the biggest gap on record…. It’s a sign the ECB’s aggressive rate hikes aren’t rippling out to banks and the economy, making it much harder for the central bank to meet its 2% inflation target.”
Tags: Aggressive, Banks, Deposit rate, ECB, Economy, ESTR, euro, Gap, Inflation target, Rate hikes, Record, Rippling out
Fortune (December 12)
“It’s always better in geopolitics to move in packs—and the U.S. just picked up some welcome company in its aggressive assault on China’s tech industry…. With Japan and the Netherlands now on board, all three of the world’s primary producers of chipmaking machinery have now taken aim at China.”
Tags: Aggressive, Assault, China, Chipmaking machinery, Geopolitics, Japan, Netherlands, Packs, Primary producers, Tech industry, U.S.
CNN (September 29)
“Mortgage rates surged for the sixth week in a row, moving closer to 7%. The 30-year fixed-rate mortgage averaged 6.70% in the week ending September 29, up from 6.29% the week before…. That’s the highest level since July 2007.” Amid soaring inflation and aggressive moves by the Fed, “mortgage rates have more than doubled since the start of this year.”
Tags: 30-year, 7%, Aggressive, Doubled, Fed, Fixed-rate, Highest, Inflation, Mortgage, Rates, Surged
Washington Post (February 18)
“The U.S. economy has an inflation problem the likes of which haven’t been seen in 40 years, and the main policymakers in charge of keeping it in check — at the Federal Reserve — have been far too slow to even admit there is a problem, let alone to start addressing it. It is time for the Fed to get aggressive.”
Tags: Aggressive, Economy, Fed, Inflation, Policymakers, Problem, Slow, U.S.
Institutional Investor (December 14)
“Investors are proceeding with caution as central banks move to rein in inflation. Expectations of more aggressive monetary policy have prompted investors to adopt more defensive asset allocation strategies…. In addition to piling into cash, investors have also adopted more defensive positioning by overweighting healthcare stocks and underweighting assets that are exposed to interest rate hikes.”
Tags: Aggressive, Asset allocation, Cash, Caution, Central banks, Defensive, Expectations, Healthcare stocks, Inflation, Interest rate hikes, Investors, Monetary policy, Overweighting
San Francisco Chronicle (December 30)
“With hospitals across California at capacity and COVID-19 cases skyrocketing, the state has become the epicenter of the nation’s latest coronavirus surge despite aggressive measures to restrict movement and save hospital space.” On Monday, California hit a new record of 66,811 fresh cases. “As of Wednesday, California reported 99.3 coronavirus cases per 100,000 people over the past seven days, far exceeding all other states.”
Tags: Aggressive, California, Capacity, Coronavirus, COVID-19, Epicenter, Hospital space, Hospitals, Movement, Skyrocketing, Surge
San Francisco Chronicle (March 17)
“Bay Area shelter orders show need for an unprecedented public effort.” The order covering six counties requires approximately 6.7 million residents to remain at home. “The strictest such action nationwide,” the order is “a testament to the need for aggressive, informed and unified action to counter the rapidly escalating threat of the new coronavirus.”
Tags: Action, Aggressive, Bay Area, Coronavirus, Escalating, Informed, Public effort, Shelter, Strict, Threat, Unified
South China Morning Post (January 22)
“Trump’s aggressive trade actions have also made investors much more sensitive to China’s domestic economic woes, a development which Trump doubtless views as a sign that his administration is winning the trade war but which has backfired due to the adverse spillover effects on America’s economy and markets…. A trade truce, should one materialise, has come too late.”
Tags: Aggressive, Backfired, China, Economy, Investors, Markets, Sensitive, Trade war, Truce, Trump, U.S.
Wall Street Journal (October 30)
“Recent cases show that foreign companies need to be more cognizant of Chinese laws and the nuances of the country’s political system.” Two weeks ago, China detained 18 employees from Crown Resorts Ltd., but authorities “have declined to give details, and no charges have been made public.” More aggressive enforcement has some business consultants “advising foreign executives to steer clear of mainland China for now.”
Tags: Aggressive, Authorities, Charges, China, Crown Resorts, Detained, Enforcement, Executives, Laws, Political system
New York Times (July 10)
“The new American sanctions on North Korea are hardly surprising, since the regime brutally controls 25 million people, has an aggressive nuclear program and is improving its ability to launch missiles that could one day hit the United States.” Whether the sanctions can “make North Korea budge” remains to be seen.
Tags: Aggressive, Brutal, Launch, Missiles, North Korea, Nuclear program, Regime, Sanctions, U.S.
