U.S. inflation stays tame enough to keep the Fed locked into its extraordinary low rates policy
Headline inflation was unchanged in November after climbing 0.1% in October. Inflation minus food and energy costs—the number the Fed watches—rose 0.2% in November. That puts the annual core inflation rate at 2.2%, slightly above the Federal Reserve’s 2% target.
Federal Reserve decides to do nothing and the markets aren’t happy
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...October numbers show no danger of inflation or deflation leaving the Fed free to act
Consumer inflation fell in October–that was the first drop since June. Excluding energy and food inflation climbed by 0.1%.
European Central Bank cuts interest rates just when no one expected it would
Just when everybody assumed that the European Central Bank would do nothing, the bank cut interest rates by 0.25 percentage points at new President Mario Draghi’s first meeting today. The cut brings the bank’s benchmark interest rate down to 1.25%.
Falling retail sales are good news for Brazilian bank stocks? Exactly and here’s why
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Euro central bank clears way for interest rate cut perhaps as early as November
Disappointment that the European Central Bank didn’t cut its 1.5% benchmark interest rate at today’s meeting has given way to the realization that the moves the bank did make today clear the decks for a rate cut perhaps as early as the bank’s November 3 meeting.