Japan Construction Orders (YoY) down to -11% in February from previous 9.1%
Source Fxstreet
Mar 29, 2024 05:00
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US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut betsThe core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
S&P Global will release the flash estimates of the United States (US) Purchasing Managers Indexes (PMIs) for April on Tuesday, a survey that measures business activity throughout the month.
ECB to cut policy rates at each and every meeting from June onwards – ABN AmroNick Kounis, Head of Financial Markets and Sustainability Research at ABN Amro, notes that the European Central Bank (ECB) President asserted that while the Governing Council would be ‘data dependent’ it was ‘not Fed dependent.’ ECB will cut policy rates at each and every meeting from June on wards "Overall, we think the ECB’s communication is consistent with a start of a rate cut cycle at the June Governing Council meeting.
Nick Kounis, Head of Financial Markets and Sustainability Research at ABN Amro, notes that the European Central Bank (ECB) President asserted that while the Governing Council would be ‘data dependent’ it was ‘not Fed dependent.’ ECB will cut policy rates at each and every meeting from June on wards "Overall, we think the ECB’s communication is consistent with a start of a rate cut cycle at the June Governing Council meeting.
