Today at 08:30 ET/12:30 GMT, we get the US April PCE price index data which is the Fed’s preferred inflation measure. This isn’t generally a …
Prior +3.9% PPI M/M -3.0% vs -2.4% prior This is a low tier indicator and also quite lagging, therefore never a market moving release. This …
Prior +2.0% CPI (HICP) M/M +0.1% vs +0.0% expected Prior +0.4% The data is in line with expectations and won’t change the ECB plans for …
Reduced room to cut rates further, but macro outlook remains weak and trade tensions could worsen it. Future rate decisions need to be assessed on …