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U.S. inflation numbers will be closely watched by policymakers on Wednesday for any further signs that resilient growth domestic product and consumer spending is putting a floor under price growth. U.S. GDP growth in Q3 was strong and a jump in auto sales in October means Friday’s retail sales report should show another increase early […]

The post U.S. Inflation Still Running Above Fed’s Target in October appeared first on Action Forex.

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17/12/2024

EURCAD: Bearish Outlook

European Central Bank (ECB) President Christine Lagarde has signaled that more interest rate cuts may be coming if upcoming inflation data matches expectations. Speaking at the Bank of Lithuania, Lagarde mentioned that the eurozone is nearing its 2% inflation target and hinted at further easing if the current trends continue. The ECB recently reduced interest […]
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Forex and Cryptocurrencies Forecast

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