Inflation: why prices look likely to stay high in the UK and Ireland, and what that means for mortgages 
Inflation: raising interest rates was never the right medicine 
If central banks don't start cutting them soon, it could actually increase inflation 
RBA's latest forecasts are grim. Here are 5 reasons why 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: CPI inflation up 1.9 percent y/y in December, down from 2.2 percent in November. PPI inflation eased to 0.9 percent y/y in December.
- Japan: In December consumer confidence declined to 42.7 from 42.9 in November.
Upcoming:
- France: November industrial output report will be released at 7:45 GMT.
- Italy: November retail sales report will be released at 9:00 GMT.
- United Kingdom: BoE will release credit conditions survey at 9:30 GMT.
- Eurozone: ECB will release minutes of the last meeting at 12:30 GMT.
- United States: Weekly jobless claims report at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT. Fed Chair Powell is set for a speech at 17:00 GMT, Bullard at 17:30 GMT, Evans at 18:00 GMT, and Clarida at 22:30 GMT.
- Auction: the U.S. will auction 30-year bond at 18:00 GMT.
