‘Shock and awe’ move sees ECB hike rates by unprecedented 75bps
As hawkish central bankers prioritise tackling inflation over protecting growth
As hawkish central bankers prioritise tackling inflation over protecting growth
US central bank has made clear it will not back off on tightening but ‘subtle pivot’ is possible, depending on the data
Central bank dashes hopes that US rate rises will peak sooner and lower than predicted
If embedded inflation rears its ugly head, a base rate of 6-7% could be needed to tame it, investment bank says
Sceptics warn better-than-expected numbers do not reflect inflationary pressures
Stacking the odds in favour of another 50bps rate hike by the Bank of England
Covid-driven distortions continue to plague the market
Ambitious measures seek long-term improvements but risk doing little to alleviate the immediate problems
Peak inflation may have passed but it remains significantly above its 2% target
BoE predicting a milder slump than the GFC but one economist says to prep for a ‘long series of negative pieces of economic news’
Central bank now predicting inflationary peak of 13%
T Rowe Price head of multi-asset solutions believes inflation will soon peak and the correlation between bonds and equities will drop