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Summary United States: Firmer Inflation Tilts the Scales Toward 25 The core Consumer Price Index rose 0.3% in August, the fastest increase in four months. Soft measures like NFIB price plans continue to signal a downward trend in inflation; however, recent price resiliency may prompt FOMC members to exercise a bit more caution in September. […]

The post Weekly Economic & Financial Commentary: Let the Easing Begin appeared first on Action Forex.

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25/05/2024

Weekly Focus – Euro Economy on Track for Mild Recovery

Economic news was to the solid side this week with not least euro area PMIs painting a stronger picture. The main surprise came from manufacturing PMI which increased from 45.7 to 47.4 (consensus 46.1) while the service sector stayed at a decent level of 53.3. The service report highlighted the strength of the labour market […]
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RBA Minutes: Plus ça change

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