The US government shutdown continues to drag on like a traffic jam in New York at rush hour, with no apparent ending in sight. Macroeconomic reports out of the US have been subsequently scarcer than Wi-Fi in the desert, but could this lack of data impact the tone of Fed Chair Powell’s communications at this week’s FOMC meeting? And what might it mean for the path of US rates in 2026? In the meantime, US President Trump and Chinese President Xi will be meeting on Thursday in an attempt to has...
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The US government shutdown continues to drag on like a traffic jam in New York at rush hour, with no apparent ending in sight. Macroeconomic reports out of the US have been subsequently scarcer than Wi-Fi in the desert, but could this lack of data impact the tone of Fed Chair Powell’s communications at this week’s FOMC meeting? And what might it mean for the path of US rates in 2026? In the meantime, US President Trump and Chinese President Xi will be meeting on Thursday in an attempt to has...
What UK inflation spike means for Bank of England rates
FX Talk - an Ebury podcast
22 minutes
8 months ago
What UK inflation spike means for Bank of England rates
The outlook for UK interest rates has been clouded once again this week by strong data on the labour market and inflation. The main inflation rate jumped to a 10-month high in January, while the core rate is now printing at nearly double the BoE’s 2% target. Could this herald a slower pace of rate reductions ahead? Or will the committee prioritise supporting Britain’s admittedly fragile growth outlook? Elsewhere, European currencies have been buoyed by hopes of a peace deal between Russia an...
FX Talk - an Ebury podcast
The US government shutdown continues to drag on like a traffic jam in New York at rush hour, with no apparent ending in sight. Macroeconomic reports out of the US have been subsequently scarcer than Wi-Fi in the desert, but could this lack of data impact the tone of Fed Chair Powell’s communications at this week’s FOMC meeting? And what might it mean for the path of US rates in 2026? In the meantime, US President Trump and Chinese President Xi will be meeting on Thursday in an attempt to has...