ECB Lagarde: Interest rates remain the main tool for fighting inflation
ECB President Christine Lagarde told a parliamentary committee, interest rates will remain the “main tool […]
ECB Knot: Risk of doing too little clearly more pronounced
ECB Governing Council member Klaas Knot said, “My worry is still inflation, inflation, inflation… As […]
RBNZ Silk: The persistence factor of inflation was most surprising
RBNZ Assistant Governor Karen Silk said in an interview, “What we have seen is actual […]
RBA Lowe: Best outcome is for wages to pick up but not too much further
RBA Governor Philip Lowe told a parliamentary committee that the central bank is keeping an […]
Australia retail sales fell -0.2% mom in Oct, first decline this year
Australia retail sales turnover dropped -0.2% mom to AUD 35.02B in October, much worse than […]
China PBoC cuts RRR, USD/CNH range bound
China’s central bank PBoC announced to lower the reserve requirement ratio (RRR) by 0.25%, effect […]
Germany Gfk consumer sentiment rose slightly to -40.2, but situation remains tense
Germany Gfk Consumer Sentiment for December rose slightly from -41.9 to -40.2, better than expectation […]
NZ retail sales volume rose 0.4% qoq in Q3, value rose 2.5% qoq
New Zealand retail sales volume rose 0.4% qoq to NZD 26B in Q3, slightly below […]
ECB accounts: Clear that rates would need to be raised further
In the accounts of ECB’s October 26-27 meeting, it’s noted that the 75bps rate hike […]
BoE Ramsden: Further increases in Bank rate are going to be required
BoE Governor Dave Ramsden said in a speech that regarding the immediate outlook for the […]
Germany Ifo rose to 86.3, recession could prove less severe than expected
Germany Ifo Business Climate rose from 84.5 to 86.3 in November, above expectation of 85.0. […]
Fed Williams: Restrictive policy to continue through at least next year
New York Fed President John Williams said yesterday, “Inflation is far too high, and persistently […]