Inflation is expected to stand at 2.0% in January, in line with the ECB’s target, making it unlikely interest rates will change at the Bank’s Feb. 5 meeting.
Inflation is expected to stand at 2.0% in January, in line with the ECB’s target, making it unlikely interest rates will change at the Bank’s Feb. 5 meeting.
Warsh has criticized Powell and advocated for lower interest rates, but analysts are comfortable with his nomination.
With the US economy remaining strong despite jobs weakness, the Fed can take its time.
Central bankers are likely to hold interest rates steady, but Wall Street is focused on life after Powell.
With UK inflation set to ease and growth slowing, fund managers argue markets are underestimating the scale of potential BoE rate cuts.
The yellow metal has been on a continued tear, but prudence may be warranted.
The Consumer Prices Index got pushed up by alcohol, tobacco, and air fares in December.
UK CPI is expected to fall back to the official 2% target by Q2.
New FCA regulations from April 6 seek to close the pensions advice gap by expanding provider-led support.
Expansion reverses a 0.1% decline in October.