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On 28 August, Fed Chair Kevin Warsh delivered a more hawkish assessment of inflation at the Jackson Hole symposium than he had following the July meeting. He reaffirmed the Federal Reserve’s 2% target for core Read more…
Markets In his speech at the Jackson Hole Fed symposium Friday, Fed Chair Warsh after a month of doubts since the July FOMC press conference again firmly put the focus on the Fed’s inflation mandate. Read more…
In focus today Focus turns to the German flash inflation figures for August, ahead of the euro area release tomorrow. Headline HICP inflation is expected to increase to 3.1% y/y (prior: 2.8%), driven by energy Read more…