With CPI inflation still declining, the tighter Fed policy is working. With Thursday morning’s second pass at Q4 ’22 GDP, we get to see the GDP deflator. Consensus (as well as Briefing.com’s forecast) ...
Despite the Fed reiterating its “higher for longer” mantra and softness creeping into the U.S. macroeconomic data, equity markets shook off the April jitters. Nasdaq turned in a +1.1% gain on the week ...
The dollar is mostly consolidating yesterday's losses ahead of month-end and the US income and consumption data. The PCE core deflator may have risen by 0.2%, the least this, year, but the ...
Core US inflation eases for a fourth month Data seen cementing Fed rate cut in September meeting Housing cost uptick drives most of monthly CPI gains Report offers talking points for both Harris and ...
“December’s surprisingly soft core CPI print keeps alive the idea that disinflation is still progressing. Together with the month’s PPI data, we think the core PCE deflator – the Fed’s preferred ...
On Tuesday, GBP/USD fell by 0.17%, reversing from Monday’s 0.36% uptick, closing at $1.24879. Market anticipation: BoE holds rates, but US CPI may drive renewed Fed rate hike discussions. The US CPI ...