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Inflation is nearing its peak; expect 50 basis points in cumulative rate cuts in total
The Financial Express:
In view of more durable damage to growth versus a more transitory shift in inflation, expect 50bps in cumulative rate cuts in total


9 days ago

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 Additional Sources

 Federal Reserve Debates Next Steps After Shifting Approach to Rate-Setting The New York Times:
The Federal Reserve slashed interest rates to near zero in March, and it is broadly expected to leave them there for years.
 Eating out scheme pushes down August inflation BBC News:
The UK's inflation rate fell to 0.2% in August as Eat Out to Help Out scheme pushed down restaurant prices, figures show.
 Inflation plummets to 0.2% in August 2020: is this good news for your savings? Which?:
Find out why CPI inflation changed in August 2020, plus where you can find the best savings and cash Isa rates that can beat it.
The Hamilton Spectactor:
Here's a list of August inflation rates for selected Canadian cities
 UK Inflation Eases To Near 5-Year Low RTT News:
UK inflation slowed to a near five-year low in August largely driven by subsidies provided for eating out and lower taxes, the Office ...
Finance Monthly:
The discount dining scheme lowered the UK’s inflation rate to 0.2% in August, the lowest level seen since 2015.


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