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Latest U S Cpi Figures

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January CPI

CPI (MOM) 0.7% (vs market expected 0.5%)

Core CPI (MOM) 0.2% (vs 0.2%)

CPI (YOY) 4.0% (vs market expected 3.8%)

Core CPI (YOY) 2.2% (vs 2.1%) 2.1% (vs 2.2%) - sorry wrong way around

The point in looking at core CPI is to take out temporary fluctuations in food and energy prices. The problem is that high energy prices have been with us for some time and are inflationary.

I'd vote for a 0.5% rate hike!

Edited by Sisyphus

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I think 0.5 hike would send shockwaves around the globe.

The Fed and the BoE seem happy with .25 adjustments these days.

0.5 would be seen to carry a strong message.

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19:15 28th March 2006 Is when the Fed will announce a 0.25% increase in the base rate.

Oh no! I've let it slip :o

Seriously, inflation is ahead of what they are "targeting" so it might be wise to assume some action.

It's being priced into the currency markets now anyway, which is something we can look forward to more of with Bernanke. Greenspan would have hated the idea the markets pre-empted his announcements.

Thats just the differing styles of their management.

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Prove it.

27 of 28 economists polled by Bloomberg expect rates to rise by 0.25% to 4.75% when the fed announce on March 28th.

0.5% aint going to happen - just wishful thinking on my part.

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But what has happened to an interest rate decision for Feb? :blink:

I have no idea. Maybe delayed due to the Chair changing hands. Or maybe the Fed sets rates on an erratic basis?

Doesn't really matter. Monthly economics are too noisey to base decisions on. IMO

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When is the next Fed IR decision??

The BBC are saying it is at the end of March, which would be odd. :lol:

The FED look at interest rates on 8 week intervals, whereas it is monthly here in the UK.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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