Barr Indicates Possible Rate Hike If Inflation Stays High
Fed's Barr warns persistent inflation above target could lead to a rate hike if it doesn't moderate soon.
Inflation, employment, growth data and central bank decisions, and how they reprice risk across markets.
Fed's Barr warns persistent inflation above target could lead to a rate hike if it doesn't moderate soon.
BlackRock's research shows that small bitcoin allocations improved portfolio returns with modest volatility increase, even after a 50% drawdown, reinforcing…
Global government bond yields are climbing due to inflation, rate expectations, and debt supply. This guide explains the basics and impact on markets.
Eurozone inflation matched expectations at 3.3%, while oil and yield gains triggered risk-off moves in risk assets.
Eurozone annual inflation rose to 3.3% in August, driven by energy prices, while core inflation eased to 2.4%.
Eurozone August CPI meets forecast at 3.3% y/y; core inflation eases more than expected to 2.4%. Energy costs jump 14.3%.
UK mortgage approvals fell below expectations in July, while consumer credit borrowing rose slightly above forecasts.
Eurozone final manufacturing PMI came in at 52.7 in August, with Germany posting its strongest growth in over four years. Inflation pressures eased further.
Germany's final August manufacturing PMI came in at 54.3, above the preliminary 54.1 and prior 52.2.
France's final manufacturing PMI for August came in at 51.1, below the flash estimate but above July's 49.8, indicating a mild rebound in activity.
Italy's manufacturing PMI fell to 49.6 in August, below the 51.3 expected and the prior reading.
Spain's manufacturing PMI fell to 49.5 in August, entering contraction territory as output and orders declined amid rising costs and stagnant demand.
German retail sales fell 3.4% month-on-month in July, missing expectations, as fuel discounts ended.
UK house prices rose 0.2% in August, but annual growth slowed to 1.6%. The market remains tepid amid economic uncertainty.
Eurozone August headline inflation expected to rise to 3.3%, core steady at 2.5%. ECB seen hiking rates.