It was widely expected that the BoC would retake a breather this round despite the much stronger than expected November employment report and
the recent uptick in inflation.
Not exact matches
She continued to be reasonably constructive on the overall US economy, and pointed to some
recent slight
upticks in inflation.
The
recent uptick in oil prices, coupled with the stabilization of consumer prices, have pushed the market price for expected
inflation higher.
However, the risks are balanced entering the FOMC minutes as the
recent uptick in volatility could have as much bearing on Fed policy decision as the subtle rise
in inflation
Some policymakers were concerned that
inflation is not moving toward the central banks» 2 % targets despite
recent upticks in economic growth.
«While the
recent downtick
in growth coupled with the
uptick in various
inflation indicators from wages to commodity prices, has been relatively modest, investors are now more open to the risk of stagflation than previously,» he said.