BoE members squabble as disagreement over rates deepens

BoE conflicting data puts Mark Carney in an awkward position The market should expect only one hike over the next three years, Carney says EU and US central banks look to hold monetary policy steady over the next year in regards to rates (LONDON) — The Bank of England’s Ben Broadbent wants to go ahead […]

Goldman: we don’t see a rate cut this year

A Goldman economist informed investors on Monday that he does not expect the Fed to cut rates this year. His note said: “Although it is a close call, we still expect the FOMC to keep the funds’ rate unchanged in the remainder of the year,” Fed’s Powell only last week said the Fed would act […]

Mnuchin sees no recession & U.S. Households see their financial situation worsening

Median inflation expectations slightly faded by 0.1 % on the one-year and three-year range in May Median one-year-ahead earnings expectations rose to 2.5% from 2.4% in April. “No signs of a recession” in the U.S. economy – Mnuchin Consumer expectations survey In a recent survey of consumer expectations by the Fed, we can see that […]