On Jan 11th, RBC's head of cross asset strategy Charlie McElligott wrote of "THE SINGLE-LARGEST MACRO INPUT RISK TO THE BUYSIDE," where he stated that *the USD was the most important asset to the.. Zero Hedge
Here is what you need to know.
*UK inflation surpasses the Bank of England's target. *Consumer prices jumped 2.3% in February, surpassing the Bank of England's 2% target for the first time in almost.. Business Insider
Inflation in Britain surged again last month. Consumer prices were up by a stronger-than-expected 2.3 percent thanks to more expensive fuel and food. That was up from the previous month’s 1.8 percent.. Source: Euronews English -
British inflation last month shot past the Bank of England's 2 percent target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising.. Source: Rumble -
Mar.21 -- U.K. inflation grew faster than expected in February, moving past the Bank of England's target for the first time in more than three years. Bloomberg Intelligence's Dan Hanson reports on.. Source: Bloomberg Global Business -
Euro zone inflation and the PCE inflation number for the U.S. that the US Federal Reserves looks at closely are due for release in the coming week. If either hit two per cent, it could trigger central.. Source: Reuters Studio -
European, Asian stocks declined, halting a global rally that sent U.S. stocks surging to new all time highs faltered, weighing on the S&P although the index rebounded modestly after a kneejerk.. Zero Hedge
LONDON (AP) — Inflation in Britain reached a 2 1/2-year high in January, as rising fuel prices pushed the rate closer to the central bank’s target. The Office for National Statistics said Tuesday.. Seattle Times Also reported by •FOXNews.com
While everyone is focusing on politics, a major development has occurred in the financial markets.
Inflation has arrived.
Inflation expectations have turned back upwards and.. Zero Hedge
LONDON (AP) — The rate of inflation in Britain has soared to its highest level in 2 ½ years as the fall in the pound begins to hit consumers at the grocery store. The Office for National Statistics.. Seattle Times