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ECB's De Guindos sees rate decisions every three months as best course
The European Central Bank's vice president, Luis de Guindos, said on Tuesday that the best time to make rate decisions was coinciding with the release of the bank's updated macroeconomic projections, the next of which is slated for September. The ECB lowered its key rate by 25 basis points from a record high to 3.75% on June 6, its first cut in five years. However, it raised its inflation forecasts and President Christine Lagarde declined to confirm it had entered a phase of "dialling back" its restrictive monetary policy. "The projections are updated every three months, so we'll soon have new ones in September," De ... (full story)
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From breakingthenews.net|Jun 18, 2024Industrial production in the United States rose by 0.9% in May after remaining unchanged in the previous month, the Federal Reserve's Board of Governors stated in its report ...
From cnbc.com|Jun 18, 2024|1 commentThe European Union may be no economic match for its U.S. and China trade partners, but it can seek to contend with them strategically, the bloc’s competition chief said Tuesday. ...
From @financialjuice|Jun 18, 2024post: FED'S WILLIAMS: I EXPECT INTEREST RATES TO COME DOWN GRADUALLY AS INFLATION EASES. post:
*NEW YORK #FED PRESIDENT JOHN WILLIAMS COMMENTS ON FOX BUSINESS - BBG *WILLIAMS: US ECONOMY AND LABOR MARKET ARE STRONG *WILLIAMS: RATE OUTLOOK FOR THIS YEAR DEPENDS ON THE DATA *WILLIAMS: INFLATION IS COMING BACK TO FED'S 2% TARGET post: FED'S WILLIAMS: EXPECTS INTEREST RATES TO COME DOWN GRADUALLY AS INFLATION EASES FED'S WILLIAMS: POLITICS WILL NOT INFLUENCE FED RATE DECISIONS FED'S WILLIAMS: WE HAVE A VERY STRONG ECONOMY AND INCOMES ARE GROWING || INTEREST RATES WILL COME DOWN OVER NEXT FEW YEARS post: 
FED'S WILLIAMS: **RECENT INFLATION DATA HAVE BEEN ENCOURAGING **EXPECTS INFLATION TO CONTINUE TO COME DOWN **3% INFLATION IS NOT THE NEW NORM, FED WILL GET INFLATION TO 2% **WE STILL HAVE A VERY STRONG LABOR MARKET WITH SOME HIRING SLOWING
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From www2.census.gov|Jun 18, 2024The U.S. Census Bureau announced the following new manufacturing and trade statistics for April 2024: tables The combined value of distributive trade sales and manufacturers’ ...
From @FirstSquawk|Jun 18, 2024|2 commentspost: FED'S BARKIN: WE ARE CLEARLY ON THE BACK SIDE OF INFLATION FED'S BARKIN: HARD TO KNOW HOW MUCH SIGNAL TO TAKE FROM INFLATION LAST YEAR, OR THIS QUARTER, OR LAST COUPLE OF WEEKS post: FED’S BARKIN: I DIDN’T GET MORE CONFIDENCE IN Q1 THIS YEAR ABOUT INFLATION, WE’LL SEE WHERE WE GO FED’S BARKIN: NEED TO SEE SUSTAINMENT AND BROADENING IN DISINFLATION TO GIVE ME CONFIDENCE WE HEADING BACK TO 2% post:
FED'S BARKIN: **LABOR MARKET NUMBERS ARE VERY STRONG BUT INFLATION STILL NOT AT TARGET **THAT SAID, NOT HARD TO SEE SCENARIOS WHERE THE LABOR MARKET WEAKENS **CONSUMER SPENDING IS STILL SOLID **DYNAMIC UNDERPINNING SPENDING IS STRONG JOBS MARKET, AND STOCK MARKET AT…
From nypost.com|Jun 18, 2024America’s most valuable postage stamp sold for nearly $4.4 million on Friday. The 1868 one-cent “Z” Grill was sold as part of the collection owned by “Bond King” Bill Gross, who ...
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- Posted: Jun 18, 2024 9:30am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,294
