In focus today Today, the ECB is widely expected by both analysts and markets to deliver a 25bp rate cut. The moderation in the labour market and economic activity since the June meeting should lead to a further increase in the confidence of the disinflationary process being on track, in particular given the slowdown in […]
Summary United States: May-laise Markets digested a light lineup of economic data on the holiday-shortened week. The second look at first quarter GDP revealed an economy increasingly pressured by high interest rates as headline growth was revised lower. To that end, the April Personal Income and Spending report suggested consumers may be taking their foot […]
The post Weekly Economic & Financial Commentary: Amid Higher Yields, Market Inflation Expectations Remain Stable appeared first on Action Forex.
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