Forex
globalreutersApril 24, 20241 Mins read
ECB’s Nagel: June rate cut not necessarily followed up by a series of rate cuts
globalreutersApril 24, 20241 Mins read - Services inflation remains high, driven by continued strong wage growth
- Not fully convinced that inflation will actually return to target in a timely, sustained manner
- Given the uncertainty, we cannot pre-commit to a particular rate path
The PMI data this week does help in that argument at least. But for now, one in June is very much a done deal.
This article was written by Justin Low at www.forexlive.com.
Recent Posts
Categories
Related Articles
Fed’s Goolsbee: Steel tariffs will raise production costs in region
Fed's Goolsbee is lurking around saying that:Steel tariffs will raise production costs...
USDJPY falls below the 50% midpoint
The USDJPY has moved below the 50% midpoint of the move up...
Baker Hughes oil rig count rises -7 in the current week
Baker Hughes rig count for the week shows:Oil rigs up 7 at...
Stocks lower. Yields lower. USD mixed.
The US yields are trading at session lows with the 10-year yield...
Leave a comment