US PCE Data Beats Expectations – Price Pressures Delay Rate Cut Plans
Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set interest rates
Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set interest rates
Geopolitical events, such as conflicts, sanctions and policy changes, can significantly impact global oil supply and demand, sparking price volatility.
Geopolitical events, such as conflicts, sanctions and policy changes, can significantly impact global oil supply and demand, sparking price volatility.
The Japanese Yen continued to fall to new multi-decade lows against a range of currencies after the BoJ left monetary policy unchanged. Weaker-than-expected Tokyo inflation the driver of the latest move.