Date | 10:06am | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | ||
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10:06am | Actual | |||||||||
Mon May 27 | ||||||||||
Mon May 27 | All Day | GBP | Bank Holiday | |||||||
4:00am | EUR | German ifo Business Climate | 89.3 | 90.4 | 89.3 | |||||
All Day | USD | Bank Holiday | ||||||||
8:59am | EUR | Belgian NBB Business Climate | -11.0 | -10.8 | -11.9 | |||||
7:01pm | GBP | BRC Shop Price Index y/y | 0.8% | |||||||
7:50pm | JPY | SPPI y/y | 2.3% | 2.3% | ||||||
9:30pm | AUD | Retail Sales m/m | 0.3% | -0.4% |
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The Bank of Japan (BOJ) will proceed cautiously with inflation-targeting frameworks, Governor Kazuo Ueda said on Monday, noting that some challenges are “uniquely difficult” for ...
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The European Central Bank is on track to start cutting interest rates next month, but will need to keep policy in restrictive territory through 2024, according to Chief Economist ...
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The aim of this speech is to examine inflation in the euro area. In the next section, I review the various inflation indicators tracked by the ECB. Subsequently, I discuss the implications for monetary policy. Chart 1 shows the evolution of headline and core inflation since 2019. Let me focus on the disinflation patterns since August 2023 (the month immediately prior to our last rate hike at our September monetary policy meeting). Inflation declined from 5.2 per cent last August to 2.4 percent in April, while core inflation decreased from 5.3 per cent in August to 2.7 per cent in April. Chart 2 shows the relative contributions of the major categories: energy; food; goods; and services. Services inflation now accounts for the vast bulk of the overall inflation rate. In turn, this reflects the non-uniform dynamics: while the other categories have seen major declines, with the April data indicating energy inflation running at -0.6 per cent, food inflation at 2.8 per cent and goods inflation at 0.9 per cent, services inflation was still elevated at 3.7 per cent. post: ECB'S LANE: JUNE RATE CUT APPROPRIATE IF INFLATION OULOOK HOLDS post: ECB’s Lane: Inflation Expected To 'Bounce Around The Current Level' Over The Coming Months post: ECB’S LANE: THE OVERALL MESSAGE ON WAGES IS BUMPY. THERE IS SOME DECELERATION, BUT IT IS FAIRLY SLOW.
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Japan, South Korea and China confirmed the importance of North Korean denuclearization Monday at a trilateral summit held hours after Pyongyang announced a plan to launch a ...
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In what had long been celebrated every May 30 to honor America’s fallen soldiers, Memorial Day officially became a federal holiday in 1971, observed on the last Monday in May. ...