Market News Feed - BCE:
ECB'S KNOT: MAINTAINING THE CURRENT RATE OF HIKES INTO MAY MAY BE NECESSARY IF UNDERLYING INFLATION DOES NOT FALL SIGNIFICANTLY.
ECB'S KNOT: FORWARD-LOOKING WAGE INDICATORS CONFIRM THAT WAGE GROWTH WILL INCREASE FURTHER IN 2023.
ECB'S KNOT: IT WILL TAKE TIME FOR CORE INFLATION TO SLOW.
ECB'S KNOT: CORE SERVICES INFLATION COULD PROVE PERSISTENT.
ECB'S KNOT: HEADLINE INFLATION APPEARS TO HAVE PEAKED.
KNOT: MAY NEED 50BP HIKE IN MAY IF UNDERLYING PRICES DON'T SLOW
Market News Feed:
FED'S COOK: THE DATA PAINT A CLEAR PICTURE OF A HISTORICALLY STRONG LABOR MARKET WITH PERSISTENTLY HIGH INFLATION
FED'S COOK: EVEN THOUGH INFLATION HAS MODERATED, IT REMAINS EXCESSIVE.
FED'S COOK: THE FED IS INTENT ON RESTORING PRICE STABILITY AND WILL REQUIRE RESTRICTIVE MONETARY POLICY FOR SOME TIME.
FED'S COOK: WITHOUT STABLE PRICES, IT WILL BE HARD TO MAINTAIN MAXIMUM EMPLOYMENT.
FED Powell:
there is a lot of uncertantainty around the inflation outlook
inflation could prove more persistent around the inflation outlook
25 bps rate Hikes seem best option for now
Inflation could prove more Persistent and services pices could stay elevated and if that happens we'll need higher rates
if situations changes, FED can move faster than 25 bps moves
FED policy is barely restrictive at the moment
Financial conditions seems broadly consistent, if financial conditions loosen too much, we would have to go higher on Rates
Demand in the USA remains Extremely High, Economy is also becoming more Resilient
Right now, Demand in our economy is Far more than it usually would be
Con queste premesse mi sa che questi centenari fanno nuovi minimi...
