The step missing is Federal Reserve policy. The key reason we should expect Democrat households to be wrong about their inflation expectations is that the Fed will not let another bout of rapid price ...

Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the BoE (1.5 per cent) and the OBR (2 per cent). This is no time to keep policy ...

Wall Street finds fresh exuberance, while any doubt that living became more expensive under the outgoing administration is ...

The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino.

Reports of the demise of US inflation have been greatly exaggerated. Today on the show, Rob Armstrong and Aiden Reiter ...

If, however, the US economy on its own, or in combination with Trump’s policies, do raise inflationary pressures and more importantly, expectations of rising prices, then the Fed will take immediate ...

Unhedged feels only a little reassurance. We thought inflation was all but beaten four months ago, and were wrong; once burnt, and all that. Despite this good report, however you look at it, core ...

Economists polled by Reuters expect Wednesday’s US consumer price index to show inflation of 2.8 per cent in December, up from 2.7 per cent a month earlier. They anticipate that core inflation, which ...

The Vix index, the options-implied movement of the S&P 500, moved down yesterday, and at 15 it is below the threshold usually taken as a sign of market fear. The Move, the equivalent index for ...

With risks to the ECB’s outlook increasing from domestic issues such as budget disputes in France and Germany and threats to trade from potential tariffs, the ECB’s dovish contingent is likely to ...

After experience of Biden administration, fighting price rises likely to be political priority over targeting economic growth ...

Let’s face it, while they are intellectually fascinating, there are no good news stories about bond markets. It’s always “someone’s defaulted”, “someone’s crashing the economy”, or some other such ...