Search Results for: cpi
Pound to Euro Rate: Beware a Capitulation Lower
December 15th, 2016
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR could be destined to fall as low as 1.11 again. ...
Pound to Euro: Bank of England in Focus in Week Ahead
December 12th, 2016
The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy from Threadneedle Street but there is always a risk of ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
Sterling falls back below $1.25
November 15th, 2016
Sterling falls back below $1.25 after UK inflation fell in October – pushed down by tuition fees and clothes So much for the Trump rally. The pound fell back below $1.25 this morning, after figures from the Office for ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
How not to manage a currency
October 15th, 2016
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates. While it is becoming apparent that interest rates are going to have to rise possibly for all currencies on a one-year ...
The Reserve Bank of New Zealand left the Official Cash Rate unchanged at 2.0 percent
September 22nd, 2016
The Reserve Bank of New Zealand has issues a press release to inform that the Bank decided to left the Official Cash Rate unchanged at 2.0 percent. Global growth is below trend despite being supported by unprecedented levels of ...
Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion
September 20th, 2016
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes. Supporters of the status quo nearly wet their pants with joy when the Census Bureau reported that real (adjusted ...
Bank of England holds Bank Rate at 0.25%
September 15th, 2016
Bank of England has issued a press release to inform that the Monetary Policy Committee holds Bank Rate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at up to £10bn. The Bank of England’s Monetary ...
Euro-zone inflation misses with 0.2%
August 31st, 2016
Euro-zone inflation is not going anywhere fast: 0.2% is the headline. This is identical to the figure in July and leaves CPI far away from the 2% target the ECB has. Core inflation also fell short of predictions by actually ...
