ECB’s Chief Economist Philip Lane, in an interview with Spanish newspaper El Confidencial, expressed growing confidence regarding return of inflation to 2% target, thereby increasing the likelihood of an interest rate cut in June. Lane cited recent data, and stated, “Both the April flash estimate for euro area inflation and the Q1 GDP number that […]
The post ECB’s Lane: Recent data improve my confidence on disinflation appeared first on Action Forex.
While the majority of national park visitors come in search of untapped nature, the 63 parks spread across the country are also great places to spot a wide range of rare wildlife. On top of Read more…
In a speech today, RBA Governor Michele Bullock highlighted Australia’s “unusually tight” labor market. She noted that the combination of labor market pressures and demand exceeding supply across the economy would likely mean it will Read more…
Holiday spending is expected to reach record levels this year, with Americans laying out nearly $1,000 per person over the year’s final two months, even as inflation and cost-of-living pressures continue to weigh on consumer Read more…