Bullard Says ‘Faster Is Better’ for Fed in Rate-Hike Strategy
“Federal Reserve Bank of St. Louis President James Bullard said U.S. monetary policy needs to be tightened quickly to stop putting upward pressure on inflation that is already too high, reiterating his call for interest rates to rise above 3% this year. “The Fed needs to move aggressively to keep inflation under control,” Bullard said in an interview Tuesday on Bloomberg Television with Michael McKee.”
More Than 80% of U.K. Factories are Planning to Increase Prices
“More U.K. factories are planning to raise prices than at any point since at least 1975, a regular survey by the Confederation of British Industry found. Four in five manufacturers expect to increase prices in the next three months, the highest reading since the business lobby began asking the question 47 years ago.”
China to Push Back Monetary Easing to Next Quarter, Survey Shows
“Economists pushed back their expectations of another cut in China’s reserve requirement ratio to next quarter, with the government so far stopping short of giving a clear signal of a near-term policy move. Only nine of the 21 economists surveyed by Bloomberg expect a cut in the ratio — or the amount of cash banks have to hold in reserve — to happen in March.”
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 be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.