Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat? 
Who should own the knowledge that underpins AI technology? 
Gold Slides to $4,262 as Hawkish Fed Rate Hike Triggers Technical Breakdown 
What is Zionism? The different meanings of a contested term 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
Europe can’t achieve space sovereignty alone. Here’s why 
China’s robots can run faster than Usain Bolt – now they are being prepared for war 
1 in 3 uni students experience serious financial hardship. Could concession cards for all help? 
‘Buy now, pay later’ doesn’t feel like debt. For young people, that can be a big problem 
Add as a preferred source on Google
Bank of England (BOE) was expected to be the first central bank to hike rates in early 2014. However weaker economic numbers have since then continued to weigh on prices. Chart courtesy BOE.
- In recent weeks changes has been quite considerable in rate expectation as measured by overnight index swap (OIS) curve. Weaker economic dockets and change in official commentaries have pushed the expectation lower.
- OIS has fallen close to 50 basis points since March 5th over a 5 year span.
- Similar fall can be noticed across commercial bank liability curve, nominal curve and implied real forward curve.
5th March is star marked in the chart as it stands as reference point for curve position prior to the meeting by BOE.
- Chief economist of BOE recently commented that BO actions over the coming meetings might tilt either side (dovish or hawkish) as risks are broadly balanced.
- BOE officials have expressed concern over weaker economic data and relatively stronger pound.
Pound is expected to remain weak against other majors like Euro, Franc and Yen. For dollar it might take its cue from broad based dollar strength or weakness. Pound is trading at 1.498 against dollar.
