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Eamonn Sheridan

More on the BoE operation to calm gilt, GBP market – ready to increase daily purchases

The post on this is here:Reuters have a summary/recap post up if you want a little more:The Bank of England said it was ready to increase the size of its daily purchases of...

ECB’s Villeroy says the ECB is working to bring down inflation to 2% in 2 to 3 years

Francois Villeroy de Galhau, Governor of Banque de France, and a Governing Council member at the European Central Bank European...

Bank of England says launching temporary expanded collateral repo facility

<p>via Reuters:</p><ul><li> <p> Bank of England says facility is to enable banks ease liquidity pressures facing their client LDI funds through liquidity insurance...

Dutch central bank says high inflation could persist longer than models now predict

De Nederlandsche Bank NV is the central bank of the Netherlands.The headline above is via Reuters. Its difficult to disagree with the statement from the DNB really. Even in Japan higher than normal...

El-Erian: Fed made 2 big mistakes that’ll go in history books, spur a damaging recession

Mohamed El-Erian spoke on US TV over the weekend, CBS' "Face the Nation" on Sunday.El-Erian is chief economic adviser at Allianz.He outlined what he sees as two big mistakes made by the Federal...

Weekend data – China September Services PMI dropped into contraction, first time since May

Caixin Services Purchasing Managers' Index (PMI) for September 2022 came in at 49.3China's economy is struggling under the weight of ongoing COVID outbreaks and the imposition of restrictions on activity. As well as...

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