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News & Analysis
Morning Report: 18 October 2017
GBP The big news from the UK yesterday was a Consumer Price index report, showing that inflation has now reached its highest point in five and a half years, at 3%. Despite the reading being at such a historically high level, markets had speculated that the number could be even higher, which drove sterling higher […]
Hike on the horizon as “hawkish hold” order of the day at Fed Press Conference
Fed Press Conference – 21/9/16 The Fed’s September meeting has turned out to be a “hawkish hold”. While there was no hike today the FOMC has signalled that markets should expect an increase this year. Despite this clear indication, today’s press conference was another triumph for the doves, particularly Williams and Brainard, who both got […]