Throughout the past year, British renters have seen rents rise twice as fast as wages. At this point, there is no guarantee that rental price growth will slow down.

According to Goldman Sach’s Peter Oppenheimer, the market's optimistic forecast of peak inflation is unreliable.

Last week, the number of initial jobless claims in the United States increased by 4,000 to 230,000, coinciding with economists' forecasts. Meanwhile, the threshold value of 270,000 applications has not yet been reached. Crossing this mark will be a wake-up call for the labor market.

The COVID-19 outbreak caused a massive turmoil in the U.S. labor market. Some people were temporarily unemployed. Others left their jobs due to health issues or family circumstances. And more people chose to retire.

Deputy Governor Sharon Kozicki noted that they will be “data dependent” when it comes to further monetary policy decisions. At the same time, she didn’t take more significant rate hikes off the table.

At the beginning of Friday yuan reached a three-week-high. Investors hope for recovery and don’t pay attention to weak data because Chinese authorities remove anti-COVID restrictions.

Currently the dollar’s weakening against major currencies gains momentum. This is largely due to the fact that investors are comparing the U.S. Federal Reserve's policy prospects with the possibility of recession amid high interest rates.

Mexico's central bank (Banxico) monetary tightening cycle is likely to end in the first half of 2023. According to the statement of the Franklin Templeton executive, the benchmark interest rate in the Central Bank of Mexico could reach 11%.

The European Central Bank (ECB) stated that the current design of a “market correction mechanism” needs to be revised, as it could put the financial stability of the eurozone in danger.

The European Central Bank (ECB) is likely to push interest rates higher by 50 basis points next week. A Reuters poll suggested that the hike comes despite the economy sliding into recession.