by Christopher Nye | Oct 13, 2020
Members of the ECB downplayed talk of them adopting the Federal Reserve’s approach to inflation yesterday. The Federal Reserve recently announced that they would adopt an average inflation targeting measure, seen as a more ‘relaxed’ approach, and there was talk of the...
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by Christopher Nye | Oct 13, 2020
The pound is stronger against the euro and slightly weaker against the dollar this morning, but still holding above significant levels. It’s held firm despite the introduction of new restrictions from the government to slow the spread of COVID-19. The biggest factor...
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by Christopher Nye | Oct 13, 2020
The pound is still at strong levels against the euro and the dollar this morning, despite the Prime Minister stating that the time left to reach a Brexit deal is in “short supply”. Talks continue this week ahead of the EU summit on Thursday when we could see the UK...
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by Christopher Nye | Oct 12, 2020
The dollar is weaker against the pound but stronger against the euro this morning, as talks surrounding a stimulus bill from congress have ran into difficulties. After the Trump administration proposed a new $1.8 trillion package at the end of last week, it was met...
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by Christopher Nye | Oct 12, 2020
The euro is slightly weaker this morning as rising infection rates across Europe are causing concerns over the economy and inflation. Chief Economist Phillip Lane stresses that “weak demand and rising economic slack have added to disinflationary pressures in an...
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