You certainly don't ease to combat cost push inflation. I would argue you tighten regardless. Central bankers have too much power. Who's gonna stop them?

BOJ's Ueda sees tough balance in combating cost-push inflation

They missed the boat to act. Second round effects baked in now. I also believe there will be even more sources of inflationary pressure in the future.... not less. This is very much the quiet before the massive deleveraging storm, I think. In 2008 ...

Monetary policy isn’t quite delivering what it’s supposed to in reducing inflation, HSBC says

That smells very DOJI

BOJ chief Ueda says JGB buying aimed at meeting price goal, not monetising debt

She's still running hot bless her. Conceptually, for me it's fair to say central banks have had no impact on inflation yet. #all_base_effect

The Employment Situation -- March 2023

Surely we're at the top of this silly bubble already?!

Louis Vuitton boss Bernard Arnault becomes richest man in the world worth a mega $211BN

A looser stance is needed because she's forecasting an inflation undershoot otherwise. Amazing. When did the BOE last undershoot 2% inflation? Anyone? Central banks have become corrupted, simple as that. This is another form of oppression, and yet ...

BOE’s Tenreyro: With the bank rate moving further into restrictive territory, I think a looser...

Beauracratic pussies. Big brother up next.

ECB Officials Said To Claim Vindication On Rate Hike Amid Price Risks

When will we all wake up and realise that morons are in control?

ECB's Wunsch: Markets would have been concerned if ECB had not increased by 50 bps

If the Fed raise rates in March.... it will be the most effective rate rise so far. So how can they resist doing so?! I think GS are very wrong.

Goldman Sachs: In Light Of Recent Stress In Banking System, No Longer Expect Fed To Deliver A...

This read as: "Monetary policy can't do anything more. If we are to avoid a deep recession, it will be by the acts of lawmakers and not central bankers" My understanding: "It's all fu**ed!"

Powell: Congress needs to raise the debt ceiling

Put the wine down, lick your wounds and go to bed. Sounds like you’ve had a tough one.

Powell: Message from last week's FOMC is that disinflation has begun but has a long way to go

Their goal? You can literally follow his words vs previous statements vs previous context. It’s like he’s being explicit without being explicit. Actively being confusing, definitely not.

Powell: Message from last week's FOMC is that disinflation has begun but has a long way to go

It is new fresh, post NFP information. Get it while it’s hot.

Powell: Message from last week's FOMC is that disinflation has begun but has a long way to go

"disinflation, disinflation, disinflation" and "If Data Were to Continue to Come in Stronger Than Expect, Would Certainly Raise Rates More": implies they will need lots of inflation surpises to the upside to continue on a hawkish path: aka is a ...

Powell: Message from last week's FOMC is that disinflation has begun but has a long way to go

Mate, disinflation is a v naughty misnomer. A slower rate of inflation aided by the tail wind of data base effect is is not a victory. At best, it is evidence that Armageddon may not be nigh. At worst you would argue that current rate hikes have ...

Powell: Message from last week's FOMC is that disinflation has begun but has a long way to go

Circus. Stop pretending you won't just spend more to the detriment of average Joe, you goons.

Yellen: Tsy Began Using Extraordinary Debt Limit Measures On Thursday

take your losses

Consumer Price Index - December 2022

Because, finally, inflation is able to fall in line with forecasts. This takes a little pressure of Fed to be so aggressive with rate hikes...... which translates as a less desirable USD than previously thought. Basic stuff.

Consumer Price Index - December 2022

*House prices only go up*

UK housing market continues to slow as average price drops again

"Brexit" always makes me hungry.

Brits are starting to think again about Brexit as the economy slides into recession