13 September: Increase Not Expected To Trigger Rate Rise
Headline US inflation stood at 3.7% in the year to August, up from 3.2% recorded in July, marki
The RBNZ left the OCR unchanged as widely expected at 5.5%. The overall tone of the statement is broadly unchanged although a touch more hawkish for the immediate period given the OCR track has been revised slightly higher (the updated OCR track now shows around a 40% chance of one further rate hike to 5.75% in the first half of 2024. In contrast, the RBNZ’s previous forecasts did rise above 5.50%).
16 August: Rising Wages May Fuel Further Bank Of England Hike
The annual rate of inflation fell sharply to 6.8% in July from 7.9% in June, but this welc
10 August: Housing Costs Main Reason For Uptick On June Figure
US inflation rose by 3.2% in the year to July, up from 3% recorded in June, ending a run
3 August: Inflation Not Expected To Hit 2% Target Until Q2 2025
As widely expected, the Bank of England has announced an increase to the Bank Rate of 0.