June ECB meeting preview: Recession raises risks of monetary overkill

Almost without exception, official comments since the May policy meeting have indicated that Governing Council (GC) members think key interest rates need to be higher if inflation is to be brought back under control. This [...]

By Jeremy Hawkins|2023-06-12T05:38:15-07:00June 12, 2023|

Fed senior loan officer survey reflects tighter conditions, less demand

The April senior loan officer opinion survey on bank lending practices was presented to Fed policymakers at the May 2-3 FOMC meeting. It shows tighter standards and weaker demand for commercial and industrial loans (C&I) [...]

By Theresa Sheehan|2023-05-08T12:21:44-07:00May 8, 2023|

May BoE MPC Preview: Inflation surprises sustain upside pressure on interest rates

With the central bank committed to getting inflation back on target and the global banking sector looking a good deal more stable, the latest developments in consumer prices suggest that yet another monetary tightening this [...]

By Jeremy Hawkins|2023-05-08T05:55:01-07:00May 8, 2023|