bearish
Services Smash into Inflationary Despair
323 Views25 May 2022 04:17
Services activity crashed in the UK and US as high inflation destroyed demand. Although the EA move was relatively modest, it suffers the same crisis in consumer confidence.
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Discussions
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- ECB: Nailing Itself to a Hawkish Mast09 Jun 2022
- EA: Inflation Back to Brutal Beatings31 May 2022
- UK: Fiscal Measures Against Inflation27 May 2022
- EA: Activity Towards Gradual Exit05 May 2022
- ECB: Poised for H2 Tightening14 Apr 2022
- Productivity Trends Damaged by Breaks25 Aug 2021
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