Swiss CPI fell -0.2% mom in July, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) fell -0.3% mom. Domestic product prices rose 0.2% mom. Imported products prices fell -1.3% mom. For the 12-month period, CPI was unchanged at 1.3% yoy, matched expectations. Core CPI was unchanged at 2.0% yoy. Domestic product […]
The post Swiss CPI at -0.2% mom, 1.3% yoy in Jul, matches expectations appeared first on Action Forex.
The Fed announced its first rate cut with a relatively balanced rhetoric History points to a high probability of back-to-back moves Dollar/yen and Treasury yields tend to drop until the second rate cut Barring a Read more…
U.S. Highlights The Federal Reserve started its easing cycle with a bang, reducing the policy rate by 50 basis points (bps), bringing the target range to 4.75%-5.0%. Futures markets are pricing an additional 75 bps Read more…
Summary United States: Recalibrating the Monetary Policy Stance The commencement of monetary policy easing comes at a time when overall economic growth remains solid, supported by stronger-than-expected retail sales, industrial production and residential construction in Read more…