Market participants are ignoring statements by the Fed leaders to the effect that they need to wait for more convincing signals about inflation going down to the target range of 2% and are expecting the first interest rate cut at the September meeting of the US Central Bank. The weaker the macro data coming from the US, the more this opinion of the participants market will strengthen.
In the coming week, among other things, they will pay attention to the publication of data on the dynamics of US GDP and the Core PCE price index preferred by the Fed as… Read full author’s opinion and review in blog of #LiteFinance
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