United States Michigan Consumer Sentiment Index above forecasts (76.5) in March: Actual (79.4)
Source Fxstreet
Mar 28, 2024 14:00
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ECB's Schnabel: Central bank most concerned about wages, servicesEuropean Central Bank (ECB) executive board member Isabel Schnabel said in her scheduled appearance on Thursday that the “biggest concern is clearly services inflation." Additional comments "There is a consensus emerging that we may be facing a quite bumpy last mile.” "The more concerning part is productivity growth." “We've had negative productivity growth now over several quarters." .
European Central Bank (ECB) executive board member Isabel Schnabel said in her scheduled appearance on Thursday that the “biggest concern is clearly services inflation." Additional comments "There is a consensus emerging that we may be facing a quite bumpy last mile.” "The more concerning part is productivity growth." “We've had negative productivity growth now over several quarters." .
"I have become more confident in the evidence that risks to persistence in domestic inflation pressures are receding," Bank of England Deputy Governor Dave Ramsden on Friday, per Reuters.
In an interview with WiWo on Wednesday, European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said that price pressures in the Eurozone could continue for some time, per Reuters.
