Interbank Market News Scan: Federal Reserve Bank of New York releases consumer survey …

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12 July 2021

Links to follow …

Federal Reserve Bank of New York. The Federal Reserve Bank of New York’s Center for Microeconomic Data released the June 2021 Survey of Consumer Expectations, which shows an increase in the median inflation expectations at the short-term horizon, while inflation expectations at the medium-term horizon remained unchanged. Consumers’ Short-term Inflation, Income, and Spending Expectations Continue to Rise – FEDERAL RESERVE BANK of NEW YORK (newyorkfed.org)

Bank of International Settlements. “We have learnt that deep recessions, especially if accompanied by severe financial distress, may have long-lasting effects on potential output, in particular through a reduction in the speed and quality of capital increase.” — Ignazio Visco. Ignazio Visco: Introductory remarks – Annual Conference of the Global Forum on Productivity (bis.org)

Exchange rates of interest as of 1:00 am AST

Currency pairExchange rate
USD/XCDXCD 2.7000
USD/MXNMXN 19.8943
USD/JMDJMD 149.5790
USD/DOPDOP 56.5778
USD/HTGHTG 92.2640
USD/NGNNGN 409.9330
USD/GHSGHS 5.9082
USD/INRINR 74.3350
Source: OANDA

No interbank market related legal news to report …

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