ECB Governing Council member Pierre Wunsch today expressed skepticism regarding market expectations of an early easing of monetary policy. His comments highlight a crucial divergence between market forecasts and ECB’s potential policy path in the face of ongoing inflationary pressures. Wunsch described the market’s anticipation of a reduction in ECB’s deposit rate from the current […]
The post ECB’s Wunsch: Early rate cut bets may trigger opposite action appeared first on Action Forex.
Well over half (58%) of all Americans said they couldn’t afford the costs of a funeral if they had to, according to a new survey from CardRates.com. That percentage is higher among Gen Z, with Read more…
US initial jobless claims rose modestly by 10k to 200k in the week ending May 2, slightly above expectations of 199k. Despite the increase, claims levels remain historically low. Underlying trends in the data were Read more…
Rivian is getting proactive about its future as it looks to chip away at the electric vehicle market that is dominated by Tesla. To catch its rival, Rivian understands that to compete with Tesla, it Read more…