Summary United States: Inflation’s Bumpy Descent Continues A slate of price data left the overall inflation picture little changed this week. Consumer prices came in a touch hotter than expected and producer prices came in a touch cooler, but on trend inflation continues to grind lower. With recent progress slower going and upside risks to […]
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Monday, Oct 14, 2024 Tuesday, Oct 15, 2024 Wednesday, Oct 16 2024 Thursday, Oct 17, 2024 Friday, Oct 18, 2024 The post Summary 10/14 – 10/18 appeared first on Action Forex.
Market expectations for a Federal Reserve rate cut decreased following mixed US data signals. The European Central Bank’s interest rate decision is a key event, with a 25 bps cut highly anticipated. The week ahead Read more…
U.S. Highlights Progress on the inflation front appears to have stalled at the end of the third quarter, as core CPI inflation ticked up, albeit modestly, by 0.1 percentage point to 3.3% year-on-year in September. Read more…