United States: Fed Seeking to Find Where ‘Phantom Menace’ Neutral Rate Sits “Federal Reserve Chair Jerome Powell and his colleagues are on the march to return ultra-loose monetary policy and accommodative financial conditions to more normal levels. The trouble is, their destination is uncertain and the terrain may be shifting as they forge forward with
April 1, 2022 tTech Limited (tTech) for the twelve months ended December 31, 2021, booked a 9% increase in revenues to $392.16 million compared to $359.48 million for the prior financial year. Revenue for the quarter closed at $90.94 million relative to $96.85 million in 2020. Cost of sales rose by 19% to $136.15 million
April 1, 2022 Eppley Limited for the year ended December 31, 2021 reported interest income of $386.56 million a 16% or $53.65 million increase when compared to the $332.91 million recorded for the corresponding period in 2020. Total interest income for the quarter amounted to $97.96 million a 15% increase when compared to the $85.24
United States: U.S. Hiring Stays Robust as Jobless Rate Falls, Wages Pick Up “The U.S. added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labor market that’s likely to support aggressive Federal Reserve tightening in the coming months. Nonfarm payrolls increased 431,000 last
March 31, 2022 The euro area seasonally-adjusted unemployment rate was 6.8% in February 2022, 0.1% down compared to January 2021 6.9% and 1.4% down from 8.2% in February 2021, according to Eurostat, the statistical office of the European Union. Additionally, it was reported that, the EU unemployment rate was 6.2% in February 2022, down from
Gas Price Movement - March 31 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
United States: U.S. Inflation-Adjusted Spending Falls as Prices Temper Demand “U.S. inflation-adjusted consumer spending declined in February, suggesting the fastest pace of price increases in four decades is starting to temper demand. Purchases of goods and services, adjusted for changes in prices, fell 0.4% from the prior month, following a 2.1% jump in January, according
Monetary Policy Press Release - March 2022 March 30, 2022 Bank of Jamaica (BOJ) announces its decision to increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 50 basis points to 4.50 per cent per annum, effective 30 March 2022. The Bank also decided to continue pursuing
United States: U.S. Labor Reshuffle Has More Room to Run, Fueling Higher Wages “The pandemic spurred a historic change in consumer demand, pushing up wages and reshuffling America’s workforce in a way that’s unlikely to reverse anytime soon. Two years after the onset of Covid-19, the labor market has adapted to reflect shifts in spending
March 28, 2022 Weekly Picks 28.03.22 JBG 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,
