The Dow Jones initially fell following a US inflation report but recovered somewhat. US consumer prices saw their biggest jump in over a year, supporting the Federal Reserve’s stance on interest rates. Fed Chair Powell cautioned against reading too much into the inflation data, citing the PCE inflation gauge as the preferred measure. Uncertainty remains […]
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Switzerland’s CPI declined by -0.1% mom in January, in line with market expectations. Core CPI, which excludes fresh and seasonal products, energy, and fuel, also dropped by -0.1% mom. While domestic product prices ticked up Read more…
Markets ‘Great progress’, ‘We’re close but not there on inflation’, ‘We don’t get excited about one or two good readings, and we don’t get excited about one or two bad readings.’ These are some semi-live Read more…
The UK economy outperformed expectations in December, with GDP expanding by 0.4% mom, significantly stronger than the 0.1% growth forecast. The services sector led the way, posting 0.4% monthly growth, while production output also rebounded, Read more…