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20 March 2024
380 KB
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- FOMC: target range for federal funds rate unchanged at 5.25 to 5.50 percent; cuts contingent on inflation developments
- SEP: economic growth in 2024-26 adjusted higher from prior forecast; faster core inflation expected in 2024
- Dot plot: median dot remained at 4.625 percent in 2024; shallower path of cuts anticipated in 2025 and 2026
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18 March 2024
277 KB
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- While final euro area HICP figures maintained a downwards trend in headline and core inflation, Bunds made modest losses as services inflation was revised marginally higher from the flash estimate.
- Gilts made modest gains on a quiet day for UK economic news.
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15 March 2024
359 KB
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- Bunds made modest losses even as a German survey reported a notable drop in household medium-term inflation expectations.
- Gilts also posted marginal losses while a BoE survey suggested that household inflation expectations remain relatively well anchored.
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15 March 2024
520 KB
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- The March 19-20 FOMC: rates on hold as inflation stirs
- Fed forecasts: modest revisions expected
- Quantitative tightening: changes upcoming, but announcement of formal plans unlikely next week
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15 March 2024
407 KB
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14 March 2024
408 KB
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- Retail sales: lackluster performance in February after weather-related disruptions in the prior month
- PPI: pressure in February led by a jump in energy prices
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13 March 2024
322 KB
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- Bunds made losses even as euro area industrial production surprised to the downside in January amid weakness in the capital goods sector.
- Gilts also made losses as UK GDP returned to modest positive growth at the start of 2024, albeit maintaining a broadly sideways trend.
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12 March 2024
291 KB
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- Bunds followed USTs lower as German core HICP inflation edged slightly higher in February, while headline inflation fell further on lower food inflation.
- Gilts made gains amid signs of a less tight UK labour market, with unemployment and redundancies up, employment and job vacancies lower, and wage growth softer too.
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