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The Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about the timing of interest-rate cuts. Economists expect the personal consumption expenditures price index minus food and energy — due on Friday — to rise 0.2% in April. That would mark the smallest ...
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The EUR/USD managed to bounce back on Friday, following its losses in the day before. The single currency has been declining inside what could be either a short-term bear channel or a potential bull flag. It looks like we could find out which one it is in the week ahead, as we have some key inflation data coming from the both the US and Eurozone to look ...
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