Fed may go straight to ludicrous speed

By Moody’s Analytics The June U.S. consumer price index has financial markets increasing their bets on a 100-basis point rate hike at the upcoming meeting of the Federal Open Market Committee. The

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When a plan doesn’t come together

By Jeffrey Halley      Markets in Europe and early New York went “hold my beer” and went into “the Fed is going to hike by one percent, we’re all doomed” mode. The negativity

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Bad medicine is what I need

By Jeffrey Halley      Central banks have gone full Bon Jovi handing out some monetary policy bad medicine over the past 24 hours, as the fight against inflation permeates even the most ardent

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On the ropes

By Craig Erlam Equity markets are tumbling again on Wednesday as the latest batch of inflation data delivered another heavy blow to sentiment. US inflation reached 9.1% in June, up from 8.6%

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TV king of news for Cypriots

Television remains the main news source in Cyprus, with online platforms and social media following, at higher percentages than the EU average, according to a flash Eurobarometer. When asked which media they

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COVID19: EU backs fourth dose for over 60s

The European Centre for Disease Prevention and Control (ECDC) and the European Medicines Agency (EMA) recommend that people aged 60 to 79 get a second COVID-19 booster jab. According to the EU

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