Higher consumer prices in 2021 erased the raises many workers got from their employers. However, wage growth outstripped inflation for some lower earners.
Archiv für den Monat: Januar 2022
Stocks making the biggest moves midday: DoorDash, Biogen, T. Rowe Price, Crocs and more
These are the stocks posting the largest moves in midday trading.
Robinhood says it will offer permanent remote working to most employees
Robinhood is headquartered in Melo Park, California; however, for a large segment of Robinhood employees there will be no location or in-office requirement.
Delta says omicron will drive quarterly loss but keeps 2022 profit forecast on travel rebound
Delta expects travel to recover this spring after cases of the omicron variant peak.
GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way
The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic…
Wells Fargo now sees the Fed hiking rates four times this year as compared to twice previously
The firm now sees the Fed hiking rates by 25 bps each quarter through to Q3 2023, starting from March this year. Adding that they expect the Fed to start reducing its balance sheet as an additional means of removing monetary accommodation in Q3 2023. On the rate hikes, two certainly was rather conse
ECB’s de Guindos: Inflation not as transitory as previously anticipated
Inflation won’t be as transitory as forecast some months agoOmicron variant a factor of uncertainty but won’t derail recoveryInflation risk moderately to the upsideBut inflation to be below target for 2023, 2024Inflation will depend on evolution of energy costsOil price has recoveredHe’s trying to a
The Impact of China’s Zero-Covid Policy on the Economy
At the
annual meeting of the Communist Party of China last year, there were a few key
points. I interpreted the content as seeking „stability“. Why do I
say seeking stability? What’s the point?
annual meeting of the Communist Party of China last year, there were a few key
points. I interpreted the content as seeking „stability“. Why do I
say seeking stability? What’s the point?
The first
point of the two major points mentioned at the annual meeting is that the
demand is decl
SNB says successfully tested use of digital currency to settle transactions with top investment banks
The latest trial could see the introduction of central bank digital currency move a step closer in Switzerland. The SNB says that they integrated the digital currencies into payment systems and used them in simulated transactions involving UBS, Credit Suisse, Goldman Sachs, and Citigroup.The test sh
Cryptocurrencies Rebounded as Part of a General Downward Trend
The value of
the cryptocurrency market rose almost 3% over the past 24 hours to 2.07
trillion. Exceeding the psychologically important circular mark pulled demand
for coins outside the top 10.
the cryptocurrency market rose almost 3% over the past 24 hours to 2.07
trillion. Exceeding the psychologically important circular mark pulled demand
for coins outside the top 10.
Separately,
bitcoin enjoyed demand from the pull into risky assets in traditional financial
markets a