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About: anakin
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The German economy ministry warns of potential further decline, with persistent inflation and uncertainty remaining
Germany’s economy faces persistent inflation, trade uncertainties, and weak manufacturing expectations, hindering overall economic recovery.
According to ING analysts, optimism is growing for the pound as Keir Starmer achieves trade successes
Pound Sterling holds steady as UK strengthens EU ties; interest rates may drop amid de-dollarisation trend.
The dollar experiences increased selling, with EUR/USD, GBP/USD, and AUD/USD trending upwards.
The dollar weakens broadly as major currencies gain; upbeat risk sentiment persists despite earlier U.S. strength.
Austan Goolsbee remarked on NPR that April’s inflation reflects data lag, while the Fed remains cautious
Federal Reserve urges patience on inflation trends; cautious stance sends US Dollar Index down 0.57%.
Spain’s final CPI matched prelim at +2.2%, while core inflation rose to 2.4% from 2.0%
Spain’s CPI and HICP hold steady at 2.2% annually; core inflation rises to 2.4% year-on-year.
