United States:
Fed Official Suggests Half-Point March Hike on Table If Data Hot
“Federal Reserve Governor Michelle Bowman suggested that a half percentage-point increase in interest rates could be on the table next month if incoming readings on inflation come in too high. “I support raising the federal funds rate at our next meeting in March and, if the economy evolves as I expect, additional rate increases will be appropriate in the coming months,” said Bowman.”
Europe:
BOE Deputy Signals Moderate Tightening in Response to Inflation
“Bank of England Deputy Governor Dave Ramsden said the U.K. is likely to need “modest” tightening in interest rates, a remark that drained speculation for a larger increase in borrowing costs next month.”
Asia:
China Boosts Cash Injection Into Banking System Before Month-End
“China’s central bank boosted its short-term liquidity injection in anticipation of cash tightness ahead of month end. The People’s Bank of China increased its cash injection via reverse repos to 100 billion yuan ($15.8 billion). That resulted in a net injection of 90 billion yuan.”
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