ECB’s Sleijpen Says a Repeat of 2022 Inflation Surge Looks Less Likely
European Central Bank policymaker Olaf Sleijpen said on Wednesday that a repeat of the sharp inflation spike seen in 2022…
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UK Inflation Holds Steady as Strong Services Sector Offsets Weaker Goods Prices
According to Societe Generale economist Sam Cartwright, the UK’s headline inflation rate remained unchanged at 2.8% year-on-year in May. The…
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US Dollar Outlook Depends on Fed Policy Path, Says ABN AMRO
Economists at ABN AMRO believe the Federal Reserve is entering a new phase that could have an important impact on…
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Canadian Dollar Stays Weak as Oil Prices Fall and Fed Decision Looms
The Canadian Dollar remained under pressure on Wednesday as falling Oil prices and growing focus on the US Federal Reserve…
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Forex News EUR/USD Rallies to 3-Month High as Fed Signals Rate Pause
The euro reached its highest level in three months as Federal Reserve officials signaled growing support for pausing rate hikes, sending the dollar lower across the board.
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