EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%. German inflation expected at 0.2% Germany’s CPI is expected at 0.2% m/m on Friday, which would confirm the initial estimate from two weeks earlier. On an annualized basis, the initial estimate for CPI came in at […]
The minutes from the March 19-20, 2024 Federal Open Market Committee (FOMC) continue to highlight the progress that the Fed has made on reining in price pressures, but also acknowledged the upside risks to the inflation outlook. When discussing the recent inflation readings, Committee members noted that, “the recent increase in inflation had been relatively […]
The post Fed Minutes Continue to Indicate Rate Cuts Expected in 2024, But Uncertainty Looms appeared first on Action Forex.
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