Hints and tips:
...UK services inflation last month rose to 6.5 per cent from 6.4 per cent in December....
...Yields on benchmark 10-year gilts rose 0.09 percentage points to 4.24 per cent, reflecting falling prices....
...By contrast, external MPC members Jonathan Haskel and Megan Greene have insisted a rate reduction should be a way off....
...There he rose through the ranks, becoming chair of the conservative Republican Study Committee and vice-chair of the House Republican Conference....
...This comes as the Bank of England policymaker Megan Greene said on Thursday that she needed further signs that inflation pressures were easing before voting to cut rates from the 16-year high of 5.25 per...
...First-quarter profits at JPMorgan Chase rose 6 per cent, despite the bank paying an extra $725mn charge to cover the costs of last year’s regional bank failures....
...Sterling rose 1.1 per cent against the dollar to $1.2756 on Thursday, consolidating gains made earlier in the day on the back of the Fed’s dovish statement....
...According to S&P Global, the number of banks exceeding regulatory guidance on CRE loan concentration rose for the seventh consecutive quarter in the final three months of last year....
...In 2013, Fed economists estimated short-term government paper yields rose 21 basis points in 2011 and 46 basis points in 2013, and yields on other maturities by 4-8 basis points, costing the Treasury around...
...Megan Greene, who will join the BoE’s Monetary Policy Committee in July, told MPs on Tuesday that she thought high inflation was now driving wages higher....
...The core inflation rate (excluding fresh food but including energy) rose to 3.7 per cent in November — the highest in 40 years. It’s time for the BoJ to summon up the courage to change course....
...Greene Naftali and Modern Art are also due to present her work at the Art Basel fair in Switzerland (June 15-18)....
...Credit default swaps rose to the highest since April 2020 even as Lindner insisted Germany is “expressly not following Britain’s path” by committing to a new level of borrowing....
...His Brittany-based colleague Lisa Greene describes a “sense of frenzy in what is usually a gentle and slow market”, which she says continued well into 2022....
...Carlsberg has cut the ABV of its Danish Pilsner brand from 3.8 per cent to 3.4 per cent, while Greene King has trimmed the ABV of its Old Speckled Hen from 5 per cent to 4.8 per cent....
...: Fears of high interest rates leading to defaults on commercial property loans and solvency issues are greatly exaggerated, writes Megan Greene....
...The UN’s food price index rose 23.1 per cent in the year to June....
...HARRIET AGNEW: So when the gilt price fell, the yields rose. And this meant that pension funds faced collateral calls. TOMMY STUBBINGTON: They had to raise new cash, and they had to raise it fast....
...Rebecca Rose is editor of FT Globetrotter Find out about our latest stories first — follow @FTProperty on Twitter or @ft_houseandhome on Instagram...
...In pharma and biotech, there have been 22 deals announced so far this year, compared with 70 over the same period last year, though the overall value rose from $2.6bn to $4.4bn....
...Opinion: QE has become ‘Hotel California’ for central banks, writes Megan Greene. Five more stories in the news 1....
...When Trump became president, initiation fees for members rose to $200,000, and several members told me they have since increased considerably....
...Gas prices rose nearly fourfold from June to December 2021 and jumped again this week as Russia moved into Ukraine. Roughly 40 per cent of Europe’s natural gas is imported from Russia....
...Elected to California’s state assembly in 2002, McCarthy quickly rose through the ranks. Four years later, he was elected to Congress, filling the seat of his old boss....
...Consumer prices rose 6.8 per cent in the year to December, the fastest increase since 1982. By their December 15 meeting, even the Federal Reserve policymakers who had counselled patience were worried....
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