United States: Fed Ramps Up Inflation Fight in Economy Tough Enough to Cope “The Federal Reserve kicked off a campaign of interest rate hikes that’s set to be the most aggressive since the mid-2000s, as Chair Jerome Powell assured Americans that the fight against inflation won’t tip the U.S. economy into recession. After raising rates
Mayberry Market Summary- 16.3.2022 Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will
United States: Fed to Hike and Steepen Its Rate Policy Path: Decision-Day Guide “The Federal Reserve is poised to raise interest rates Wednesday for the first time since 2018, with investors focused on how aggressive central bankers plan to be in tackling the hottest inflation in four decades.” https://www.bloomberg.com/news/articles/2022-03-16/fed-to-hike-and-steepen-its-rate-policy-path-decision-day-guide?srnd=economics-vp Europe: Bank of England Plays Tough
Mayberry Market Summary- 15.3.2022 Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will
United States: U.S. Producer Prices Rise 10%, Reinforcing Fed’s Rate-Hike Path “Prices paid to U.S. producers rose strongly in February on higher costs of goods, underscoring inflationary pressures that set the stage for a Federal Reserve rate hike this week. The producer price index for final demand increased 10% from February of last year and
Mayberry Market Summary- 14.3.2022 Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will
February 14, 2022 The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.8% for February 2022, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS) after a 0.6% increase in January. The all-items index rose 7.9% before seasonal adjustment over the last year. It was noted, “The 12-month increase has
United States: Fed to Start Rate Hikes With License to Turn Aggressive Later “The Federal Reserve will this week begin a multi-month campaign to conquer inflation that could see Chair Jerome Powell moving even more aggressively after Russia’s war on Ukraine fanned prices further. Already pivoting to tightening monetary policy amid the fastest consumer price
March 11, 2022 For the nine months ended January 31 ,2022, Jamaica Broilers Group (JBG) reported total revenues of $55.13 billion, a 33% increase on the $41.32 billion reported in 2021. Revenue for the third quarter closed at $19.31 billion (2021: $14.77 billion). Total revenue for the nine months is broken down as follows. Of total
March 11, 2022 For the three months ended January 31, 2022 Scotia Group Jamaica Limited’s (SGJ) net interest income rose 6% amounting to $6.16 billion, relative to $5.80 billion for the corresponding period in 2021, while interest expenses declined by 12% to total $452.23 million (2021: $512.44 million). Interest income for the quarter increased from
