首页 社会内容详情
新加坡博彩公司:Like the BoJ, central banks will pivot in 2023

新加坡博彩公司:Like the BoJ, central banks will pivot in 2023

分类:社会

标签: # 皇冠会员手机管理端

网址:

SEO查询: 爱站网 站长工具

点击直达

约搏以太坊单双博彩www.eth0808.vip)采用以太坊区块链高度哈希值作为统计数据,约搏以太坊单双博彩数据开源、公平、无任何作弊可能性。

Warning signal: A hiring sign in New York. Probably the most important indicator for next year will be US labour data, replacing inflation statistics as the most market-moving number. — AFP

WHAT to expect in 2023: Policymakers will need to ease off on the brakes as evidence percolates through that the upsurge in inflation is waning and economic growth is slowing. The UK is already seemingly in a recession, along with much of Europe. The big question for 2023 is when or if the United States craters, too.

There are plenty of warning signals. Probably the most important indicator for next year will be US labour data, replacing inflation statistics as the most market-moving number.

If the US economy turns for the worse we may even see rate cuts before too long. Dare to dream of an end to the Federal Reserve’s (Fed) rate-hiking cycle, as the rest of the world is desperate for it to stop. Even the last holdout on negative rates, the Bank of Japan, has had to bend.

Unfortunately, a new bugbear will hove into view: quantitative tightening (QT). The Bank of England (BoE) stopped reinvesting maturing bonds in March, but started in November to actively sell gilts back into the marketplace.

The Fed has ramped up its passive QT to in excess of US$1 trillion (RM4.4 trillion) per year, and the European Central Bank (ECB) will begin reducing its €5 trillion (US$5.25 trillion or RM23.2 trillion) bond pile from March. How global liquidity will cope with everyone reducing monetary stimulus simultaneously will be a key issue for markets next year.

,

新加坡博彩公司www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。新加坡博彩公司上最新新加坡博彩公司登录线路、新加坡博彩公司代理网址更新最快。新加坡博彩公司开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

> From the year behind us – Getting back to the right side of zero: After more than a decade of official interest rates being close, or even below, zero, 2022 was definitively the year the tide turned as inflation roared. After something of a false start, the BoE kicked rate hikes off in December 2021, but the Fed rapidly took the lead in tightening policy.

Even the ECB finally said goodbye to eight years of sub-zero deposit rates this summer. The post financial crisis fixation with monetary stimulus, including quantitative easing, is consigned to history – for now, at least.

> The hideous strength of the dollar: Following the Russian invasion of Ukraine in February and the resulting squeeze on energy prices, there was a sustained flight from most major asset classes.

It was pretty hard to avoid the wreckage but there was one trade that did work: buying the dollar. Virtually all fixed income and equity markets have had a heavy down year, but if you got your currency choice right, at least it softened the blow.

The dollar benefited as a haven during times of trouble, but also from the strength of the US economy relative to the rest of the world.

> US interest-rate hikes became weapons of mass destruction: Ever bigger interest-rate hikes from the Fed, became the running theme of the year. It forced other nations’ central banks to raise rates even more sharply, not just to combat runaway inflation, but also to defend the values of their currencies.

,

新2备用网址www.hg8080.vip)是一个开放新2网址即时比分、新2网址代理最新登录线路、新2网址会员最新登录线路、新2网址代理APP下载、新2网址会员APP下载、新2网址线路APP下载、新2网址电脑版下载、新2网址手机版下载的新2新现金网平台。新2网址登录线路最新、新2皇冠网址更新最快,皇冠体育APP开放皇冠会员注册、皇冠代理开户等业务。

 当前暂无评论,快来抢沙发吧~

发布评论