Frances弗朗西斯
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Two Riksbank speeches to give insight into near-term monetary policy
In focus today Today, two Riksbank board members will give speeches on monetary policy and the economic outlook, Aino Bunge (8.30) and Per Jansson (16.00). It will be very interesting to hear their comments on the benign March inflation print and the recent global developments, in particular how the
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Italy Trade Surplus Grows In February
Italy's foreign trade surplus increased in February from a year ago as exports rose amid a fall in imports, data from the statistical office Istat showed on Tuesday. The trade surplus rose to EUR 6.03 billion from EUR 2.09 billion in the corresponding month last year. In January, there was a surplus
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Our new baseline has 75bp of ECB cuts in 2024 – Deutsche Bank
Analysts at Deutsche Bank share their revised outlook for the European Central Bank's (ECB) monetary policy. New baseline has 75bp of cuts in 2024 "We are updating our ECB baseline to a more gradual – and uncertain – easing cycle. We continue to expect the first rate cut in June. We previously expec
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GBPUSD: Fed Chairman KC Schmid: Current US monetary policy is ap
#GBP/USD# Comments on Friday from Fed Chairman KC: Encouraging patience with interest rates until inflation declines markedly to 2% Economic growth is creating uncertainty about monetary policy Inflation remains high The employment sector remains strong Wage increases indicate an imbal
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UK’s economy driven higher by a boost to production, as US bank earnings await
The UK economy grew for the second month in February, suggesting that the UK has exited its mild recession from 2023. The economy is now growing on a 0.2% quarterly basis, which is higher than the 0% quarterly rate in January. This is hardly gangbusters, but it does suggest that the UK economy is ga
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Caution to the wind: What happened to the saving rate?
Summary Household saving dynamics have faded in importance, yet revised data show remaining liquidity isn't as concentrated as previously thought. Liquidity remains elevated across the wealth-spectrum. But households saved at the lowest rate in 14 months in February, and data suggest lower-income co
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Pull-up Update