Inflation Data
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US core PCE inflation expected to stay stable, casting doubt on another Federal Reserve rate cut
The core Personal Consumption Expenditures Price Index is expected to rise 0.3% MoM and 2.8% YoY in October. Markets are…
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Stagflation concerns are re-emerging in the United Kingdom – Commerzbank
The UK macro data released on Friday was a double whammy: first, October retail sales surprised to the downside (and previous months…
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Pound Sterling strengthens as UK inflation accelerates faster than expected
The Pound Sterling rises sharply after the UK inflation data for October came in hotter than expected. Hot UK inflation data…
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Fed’s Bowman: Progress on inflation appears to have stalled
Federal Reserve (Fed) Board of Governors member Michelle Bowman hit newswires on Wednesday, cautioning that it appears the Fed’s progress on…
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