Central Bank Watch – The Big Three Fed, ECB and BoE Set to Raise Rates Again

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  • #52077
    Truman
    Participant

    Expectations for a Bank of England rate cut before the end of the year are on the rise after the release of cooler than expected PPI figures for December.

    U.K.’s December Input PPI was down 1.1% m/m (expected -0.6%; last 0.6%) but up 16.5% yr/yr (expected 18.0%; last 19.2%).
    U.K.’s December Output PPI was down 0.8% m/m (expected 0.3%; last 1.0%) but up 14.7% yr/yr (expected 16.4%; last 17.5%).

    #51869
    Helmholtz Watson
    Participant

    This week’s central bank main event was The Bank of Canada who hiked by 25bps to 4.50%. The Bank of Thailand raised its key interest rate by 25 basis
    [See the full post at: Central Bank Watch – The Big Three Fed, ECB and BoE Set to Raise Rates Again]

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