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UK consumer confidence at its lowest since Feb 2021 How inflation is hitting corporate America's bottom line will be in focus too, as more fourth-quarter reports roll in, including from Coca-Cola and Pfizer. Analysts are upping rate calls BofA for instance expects seven 25 basis points hikes this year. central bank seems on course to hike interest rates in March.
Given that Fed Chair Jerome Powell has pledged a sustained battle to tame inflation, the U.S. That's after 0.5% in December, culminating in the largest annual rise in nearly four decades. consumer price index is expected to rise 0.4%, a Reuters poll shows. stocks - inflation data on Thursday could show is the concerns are fully justified. 1/PRICE POINTįears of a hawkish Federal Reserve brought a tumultuous start of 2022 for U.S. Here's your week-ahead in markets from Lewis Krauskopf in New York, Vidya Ranganathan in Singapore, Swati Bhat in New Delhi and Dhara Ranasinghe and Karin Strohecker in London. In China, the Winter Olympics are getting underway with a display of close ties between Moscow and Beijing. inflation data while on the other side of the pond, markets wait to see if British Prime Minister Boris Johnson manages to shore up support after a string of scandals. stock markets may get another curveball in the form of U.S.
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