01-01-1970 12:00 AM | Source: Emkay Global Financial Services
UK inflation showing systemic contagion Says Ms. Madhavi Arora, Emkay Global Financial Service
Below is Q3 FY23 GDP Data By Ms. Madhavi Arora, Lead Economist - Emkay Global Financial Services
”UK inflation showing systemic contagion. Core is up 0.9% ...YoY back to highs of 6.2%. the surprise print was significant in both its magnitude n breadth. BoE may be pressed to follow ECB suit tomorrow amid this Inflation upside surprise. Had there been easing in inflation, the case of looking closer owing to mkt stress and some data weakness would have been there for BoE. But seems not any more. 25bp hike likely tomorrow by BoE too”.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Insurance Sector Update : Motor drags down overall g...
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
Wipro shares nosedived over 9 pc after missed earnin...
Economic Survey links mental health disorders with '...
India's GDP growth for FY25 to surpass Economic Surv...
Evening Roundup : A Daily Report on Bullion Energy &...
FIIs stood as net buyers in equities as per July 22 ...
Union Budget: Experts urge government to remove 18 ...
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
Sensex ends lower ahead of Union Budget 2024-25
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
Quote on RBI decision to discontinue the incremental cash reserve ratio (CRR) By Dr. Manoranjan Sharma, Infomerics Ratings
Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: Ajay Chaudhary
3 Centres of Excellence set up by TIDCO finding good traction: Tamil Nadu Minister