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Amazon Ring security cameras are getting more deeply into police work through deals with Flock Safety and Axon at time of rising debate over crime levels.

• There is a risk that self-sustaining inflationary dynamics embed in expectations
• Must guard against cutting too far or too fast
• Vote to maintain rates is a skip rather than a halt
• Continue to see rate cuts if the economy evolves as forecast
• Need to recognise CPI stubbornness as more pressing
• Shocks could prompt policy changes either way

Pill has made similar comments recently, so these are not new. There’s been a slow but clear shift of focus in the MPC towards inflation recently. That shouldn’t be too surprising given the elevated inflation and wage growth, and rising consumer inflation expectations.

This article was written by Giuseppe Dellamotta at investinglive.com.

Eurozone inflation edged higher in September, with headline CPI finalized at 2.2% yoy, up from 2.0% in August. The core measure, which excludes energy, food, alcohol & tobacco, also firmed to 2.4% yoy from 2.3%. The main driver of the increase came from services, which contributed +1.49 percentage points to the annual rate, followed by […]

The post Eurozone CPI finalized at 2.2%, driven by services and food prices appeared first on Action Forex.

BoJ Deputy Governor Shinichi Uchida said in a speech on today that the central bank remains prepared to raise interest rates further if its current projections for growth and inflation are realized. He emphasized that the BoJ will “judge without any pre-conception” while monitoring both domestic and global conditions. Uchida highlighted rising uncertainty surrounding overseas […]

The post BoJ’s Uchida: Further hikes if outlook holds appeared first on Action Forex.

Eurozone Core Harmonized Index of Consumer Prices (MoM) rose from previous 0.1% to 0.2% in September

Eurozone Core Harmonized Index of Consumer Prices (YoY) came in at 2.4%, above forecasts (2.3%) in September

Eurozone Harmonized Index of Consumer Prices (YoY) meets forecasts (2.2%) in September

• Prior +2.0%
• Core CPI +2.4% vs +2.3% y/y prelim
• Prior +2.3%

The final revision sees core annual inflation tick a little higher in September. Once again, this just reaffirms the current stance by the ECB to keep policy on hold through to year-end at least.

This article was written by Justin Low at investinglive.com.

Eurozone Harmonized Index of Consumer Prices (MoM) meets forecasts (0.1%) in September

Market sentiment remains highly sensitive to rhetoric from the Federal Reserve and statements from the White House. This is particularly true given the protracted government shutdown and the resurgence of trade disputes with several Asian partners. While heightened geopolitical tensions in the region are bolstering demand for the yen as a safe-haven asset, the broader […]

The post Yen Nears End of Corrective Phase appeared first on Action Forex.