HEW: Dovish Data Dumps
Inflation data broadly disappointed expectations over the past week. The labour market news was more mixed, but higher UK and US unemployment...
365 Views
ECB: Wishfully Rolling Disinflation
Stronger wage and service price inflation have shrunk the Q1 target undershoot to only 0.1pp, removing the space that doves hoped might free the...
346 Views
BoE: Three Camps, Two Votes, 1 Cut
The MPC’s 5:4 vote split delivered another finely balanced rate cut, but the doves are divided, with only two likely to roll straight into...
377 Views
EA: Eating A Disinflationary Revision
Another downward food price revision cut HICP inflation back to 2.1% in November, but the effect was only 1.6bp, and services inflation was...
225 Views
UK: Christmas CPI Present For Doves
UK inflation’s 31bps slowing to 3.15% went far further than expected, with significance raised by the substantial extent and the breadth of...
335 Views