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Reuters (August 24)

2024/ 08/ 25 by jd in Global News

The U.S. Federal Reserve “must determine how quickly to get to what they deem a neutral rate, neither depressing nor stimulating economic activity. Investors clearly hope that they prioritize speed.” Chairman Powell has now arrived at “the endgame, when the prospect of success is near at hand but the possibility of failure is at its most dangerous. To save the labor market, the cuts can’t come soon enough.”

 

Investment Week (March 23)

2023/ 03/ 24 by jd in Global News

“The UK’s higher than expected inflation results forced the Bank of England to prioritise bringing it down, rather than focusing on the fractures of the banking sector.” In February, “UK inflation hit 10.4%…an unexpected increase that followed three months of consecutive declines.”

 

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