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Cloud Y

Cloud Y
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The independent journalist who set up this website after realizing he is not smart enough to become a real economist.

Bank of England will likely retire Fan chart, Andrew Bailey says

Bank of England's Fan charts would probably be replaced by "alternative scenario" projections, which illustrate how policy might react under different economic developments.

UK inflation cools to 3.4% amid service inflation slowdown

Core inflation also slowed to 4.5%, compared to a year earlier.

Canada inflation slows further to 2.8%; rent continues to rise

Canada's CPI rose 2.78% in February, a further slowdown from the 2.86% increase in the January

Measuring Federal Reserve officials’ secret disagreement behind locked doors of FOMC meetings

Dissent votes in Federal Reserve policy meetings are rare, accounting for only 6.37% of the votes between 1976 and 2017. However, opting not to vote against the FOMC consensus doesn't necessarily mean committee members don't "disagree" with it.

Canada unemployment rate rises to 5.8% as labor force continues to grow

Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.

Bank of Canada holds rate at 5%, cites persistent underlying inflation

Bank of Canada held its overnight rate at 5% after its March monetary policy meeting, citing "risks to the outlook for inflation, particularly the persistence in underlying inflation."

Is tipflation even part of inflation?

Or, to frame the question in a more technical way: is tipflation even counted as part of Consumer Price Index (CPI) inflation?

Canada inflation drops to 2.9% in January

Canada's headline CPI rose 2.9% in January, hitting Bank of Canada's inflation-control target range of 1% - 3% for the first time since March 2021.

UK retail sales rebounds 3.4% in Jan after dismal Christmas figures

UK retail volume rose 3.4% MoM in January, after it dropped by 3.3% in December

UK inflation holds at 4% in January

CPI: 4.0% YoY (Dec: 4.0%); Core CPI: 5.1% YoY (Dec: 5.1%)

Economy