United States:
Fed Doesn’t Yet Favor a Half-Point Hike or an Emergency Move
“Federal Reserve officials are in no rush to raise interest rates prior to their scheduled policy meeting next month, nor is a half percentage-point move in March yet likely, despite a bigger-than-expected jump in consumer prices that stoked speculation about such options.”
Europe:
U.K. Economy Sees Best Annual Growth Since World War II in 2021
“The U.K. economy expanded at the fastest pace since World War II last year after suffering a milder hit than expected in December. The 7.5% expansion was the largest since 1941 and made Britain the fastest-growing advanced economy in 2021.”
Asia:
Dovish India Inflation Call Puzzles Many as Pressures Build
“Economists are challenging the relaxed view on inflation by India’s central bank, which surprised markets Thursday when it opted to avoid any major signs of normalization and kept policy tilted toward growth.”
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