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Headlines Dec 13

12/13/2021

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​Moody's: The Fed's December rate decision will strike a compromise between inflation risks and COVID uncertainty.

Bank of England: The FPC is vigilant about the financial stability risks that crypto-assets may pose.
BoE: We will raise the UK CCyB rate to 1% by December 13, 2022.
NY Fed Survey: Median uncertainty about future inflation outcomes grew over both the short and medium-term horizons, reaching new highs for the poll since its inception in 2013.
Saudi Energy Minister Abdulaziz: Reduced exploration and drilling investments could cut oil production by 30 mln barrels by 2030.

The Bank of Canada has renewed inflation objective of 2%, with a control zone of 1% to 3%.
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