Tuesday, 10 January, 2023
Jerome Powell Says Bringing Down Inflation Could Fuel Political Opposition ‘The absence of direct political control over our decisions allows us to take…necessary measures,’ says Fed chair By Nick Timiraos Jan. 10, 2023 9:00 am ET https://www.wsj.com/articles/jerome-powell-says-bringing-down-inflation-could-fuel-political-opposition-11673358963 The Federal Reserve is strongly committed to lowering inflation even though interest-rate increases to restrain economic growth could fuel political blowback, said Chair Jerome Powell. “Price stability is the bedrock of a […] Read More
Thursday, 05 January, 2023
Ashley Joye (ARCHR LLP ) Subject: FW: Nick Timiraos – Fed Minutes Show Officials Feared Markets’ Optimism Could Complicate Inflation Fight Ashley JoyeManaging Partner T +44 (0)20 7422 2975 M +44 (0)7796 308 391 E ashley.joye@archr.com 49 Carnaby Street,London, W1F 9PYUnited Kingdom ARCHR.COM Read More
Thursday, 22 December, 2022
Wishing you a Merry Christmas and the Happiest of New Years. As we are in a football year, I’ll cut to the immortal words from Sir Alex Ferguson “2022………Bloody Hell”!! Highs and lows and pretty much everything in between, we have seen it all – we’ve laughed, and we’ve cried. Most importantly, we have all gotten through it together and are already looking forward to more next year. We hope you have a wonderful Christmas […] Read More
Wednesday, 21 December, 2022
Dear All, We wish you a wonderful Christmas and the happiest of new years. Archr will be closed for a few days over the Christmas break. Our last trading day will be the 23rd of December. We will remain closed from the 26th of December, until reopening on the 3rd of January. Have a wonderful festive break with your families and we look forward to trading with you again next year. Just one thing to […] Read More
Thursday, 17 November, 2022
Ashley Joye (ARCHR LLP ) Subject: FW: McCrann – RBA locks itself into 25bp rate hike in December {AU} McCrann – RBA locks itself into 25bp rate hike in December RBA governor Philip Lowe and his board have almost locked in a 25 basis point rate rise next month and will be hoping that the December quarter inflation data doesn’t surprise them. https://www.heraldsun.com.au/business/terry-mccrann/rba-locks-itself-into-25bp-rate-hike-in-december/news-story/a8c469db8edf17db244fca6bb12a54a3 The jobs and jobless numbers lock in […] Read More
Wednesday, 16 November, 2022
CALMER VOICES: Poland has no conclusive evidence showing who fired the missile that caused an explosion in a village near the Ukrainian border, president Duda said, adding that Warsaw remained calm in the face of what he described as a “one-off” incident. US intelligence suggests that the rockets were knocked off course by Ukrainian defence systems during yesterdays missile barrages from Russia. CONSUMER CREDIT: NY Fed survey shows households taking on debt at fastest pace […] Read More
Friday, 11 November, 2022
Banks’ Views Post CPI: JPM: Overall, Oct CPI supports the idea that we are moving past the firmest period for inflation and that a decent amount of the inflation we have seen over the past year will prove to be temporary or transitory in nature.”For Fed, the latest inflation news should increase FOMC’s comfort with the idea of slowing the pace of tightening at Dec meeting, and we continue to look for a 50bp hike […] Read More
Thursday, 20 October, 2022
Bank of England Deputy Governor Ben Broadbent said it’s not clear that UK interest rates need to rise as much as markets are betting at the moment. Investors are currently pricing in rates rising to 5% in early 2023, up from as 2.25%. While “the justification for tighter policy is clear” in the face of soaring inflation, demand will slow to some extent anyway, as a result of higher prices, Broadbent said in the text […] Read More
Thursday, 20 October, 2022
20-Oct-2022 01:30:00 – EVANS: IF FED PUSHES POLICY RATE MUCH FURTHER THAN PLANNED IT COULD START TO WEIGH ON THE ECONOMY 20-Oct-2022 01:30:00 – EVANS: WORRIED THAT AT SOME POINT RATE INCREASES COULD HAVE “NONLINEAR” IMPACT, WITH BUSINESSES BECOMING MORE PESSIMISTIC 20-Oct-2022 01:30:00 – EVANS: FED “HONING IN” ON THE PROPER LEVEL FOR RESTRICTIVE MONETARY POLICY 20-Oct-2022 01:30:00 – EVANS: FOLLOWING SEPT. CPI STILL SEES A POLICY RATE NEXT YEAR OF 4.5 TO 4.75% RANGE […] Read More
Wednesday, 19 October, 2022
UK inflation accelerated more than expected driven by food and drinks, adding to a cost-of-living squeeze on households. The Consumer Prices Index rose 10.1% in September from 9.9% the month before, matching a 40-year high reached in July, the Office for National Statistics said Wednesday. Economists had expected a reading of 10%. Read More
