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23.01.26 - 19:30
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Pimco′s Clarida on US Economy, Future of the Federal Reserve (Bloomberg)
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Pimco Global Economic Advisor Ricard Clarida explains why he's optimistic on the US economy and discusses the candidates to be the next Chair of the Federal Reserve and the US Supreme Court weighing President Donald Trump's bid to fire Fed Governor Lisa Cook. (Source: Bloomberg)...
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23.01.26 - 17:12
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Strong UK pay growth could limit interest rate cuts, Bank policymaker warns (The Guardian)
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Megan Greene says apparent end to the decline in wage growth could hinder fight against inflationThe Bank of England may not be able to lower interest rates as much as expected this year, due strong UK pay growth and expected rate cuts in the US, one of its top policymakers has said.Megan Greene, a member of the Bank's monetary policy committee (MPC), which sets interest rates in the UK, said she was concerned that wages appear to be growing strongly again this year and this may stop inflation from easing. Continue reading......
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