The Day Today

"The Day Today" - 23 Jan 2014

* UK MPC members rush out to tell us the party line from yesterday’s Minutes, that even once the unemployment threshold is breached, there will be “no immediate need” to raise rates
–…

Read more >

"The Day Today" - 21 Jan 2014

* A reminder that the Fed have started to roll back on their extraordinary stimulus, even if the jobs data did look a little off skew to many… Fed May Cut Bond Buying to $65b,

Read more >

"The Day Today" - 20 Jan 2014

* Ireland now ranked investment grade by all 3 credit rating agencies after Moody’s upgrade, thereby removing junk rating of the past 30 months {fifw NSN MZOYEL6JTSE8 <go>}

* Sunday Times: Jobless drop to put Carney on the spot “Bank’s threshold for raising interest rates will be hit within months rather than two years”…

Read more >

"The Day Today Friday" - 17 Jan 2014

* BBRG survey: 60% of economists think BOE will change fwd guidance in Feb Inflation Report. One third see the 7% unemployment threshold reached in 1st half of this year,

Read more >