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    BoE’s Haskel: Persistence of inflation will be influenced by labor market tightness

    Source Fxstreet
    Apr 23, 2024 09:22

    Bank of England (BoE) policymaker Jonathan Haskel said on Tuesday that the “persistence of inflation will be influenced by labor market tightness.”

    “UK labor market tightness has been falling rather slowly,” Haskel added.

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
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    ECB's Stournaras: Three ECB cuts now more likely in 2024The European Central Bank (ECB) Governing Council member and Governor of the Bank of Greece, Yannis Stournaras, said on Friday that the central bank will probably lower borrowing costs three times this year instead of four, according to Bloomberg.
    Source  Fxstreet
    The European Central Bank (ECB) Governing Council member and Governor of the Bank of Greece, Yannis Stournaras, said on Friday that the central bank will probably lower borrowing costs three times this year instead of four, according to Bloomberg.
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    US weekly Initial Jobless Claims decline 207K vs. 214K expectedThere were 207,000 initial jobless claims in the week ending April 20, the weekly data published by the US Department of Labor (DOL) showed on Thursday.
    Source  Fxstreet
    There were 207,000 initial jobless claims in the week ending April 20, the weekly data published by the US Department of Labor (DOL) showed on Thursday.
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    Lagarde speech: Risks to inflation outlook are two-sidedEuropean Central Bank (ECB) President Christine Lagarde reiterated on Friday that it would be appropriate to reduce the current level of monetary policy restriction if the inflation criteria are met, per Reuters.
    Source  Fxstreet
    European Central Bank (ECB) President Christine Lagarde reiterated on Friday that it would be appropriate to reduce the current level of monetary policy restriction if the inflation criteria are met, per Reuters.
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