A colleague once told me about the amazing 10% interest she was getting in her home country’s savings account. My first inclination was to ask her what the inflation rate was in her home country and it turned out to be around 8%, meaning she was earning 2% in real interest – not bad, but nowhere near the 10% excitement level. 300 more words
Tags » Inflation
- Despite the market ructions witnessed in February, nothing seems to deter investors for long. A strong cyclical backdrop and robust earnings growth seem to forever ratify the prevailing ‘Buy the Dip’ mentality. 1,474 more words
Inflation figures at 1.1% in February do not trigger expectations of a fast and sharp change in the ECB’s monetary policy, and Mario Draghi and Peter Praet did not indicate that they were in any hurry to implement swift or sudden change in their comments at the end of last week. 912 more words
Let me open today by agreeing with the Bank of England. As many of you are aware I wrote to Governor Carney challenging the testimony he gave to the House of Lords on the 30th of January. 1,459 more words
Daniel Pinto, who oversees the trading and investment-banking unit at JPMorgan Chase & Co., discusses equity markets, volatility, inflation and Bitcoin.
He speaks with Francine Lacqua on “Bloomberg Surveillance”. 10 more words