Germany's fourth-quarter unadjusted GDP annualized rate was -0.4% initially, expected to be -0.3%, and the previous value was 0.10%.
The core PCE, the Fed's preferred measure of inflation, rebounded as expected in October to 2.8 per cent a year, suggesting that while prices have slowed, they remain sticky. The core PCE rate has continued to approach 3 per cent a year, rather than 2 per cent, complicating the Fed's forthcoming decision. The Fed began a rate-cutting cycle in September when it cut rates for the first time in response to signs of a cooling economy. But progress on inflation has stalled in recent months, making it...
Germany's third-quarter unadjusted GDP annualized rate was 0.2% initially, 0.1% expected, and 0.30% previously.
The final annual rate of CPI in the euro area in August was 2.2%, expected to be 2.20%, and the previous value was 2.20%.
The annual rate of CPI has fallen for five consecutive years, but the expectation of the Federal Reserve's rate cut is weakening... A picture to understand the US CPI data in August > >
On August 30, France recorded a revised annual CPI rate of 2.2% in July, falling to the lowest level since July 2021, providing further justification for the European Central Bank to continue cutting interest rates after lower-than-expected inflation in Germany and Spain. The preliminary euro zone CPI annual rate for August, which will be released later today, is also expected to fall back to 2.2%. Investors believe that recent inflation trends in the euro zone, combined with slow economic growt...
On August 28th, according to a report by Jin Ten, Australia's weighted CPI recorded an annual rate of 3.5% in July, slightly higher than the 3.4% expected by economists. The average of the adjusted core indicator rose by 3.8%, up from 4.1% last month. Australia's inflation indicator cooled in July, suggesting that price pressures began to ease in the current quarter and supporting the Reserve Bank of Australia's case for keeping interest rates unchanged. Economist James McIntyre said, "At the Se...
The final figures for Germany's second-quarter unadjusted GDP will be released in ten minutes.
The initial annual rate of CPI in the euro area in July was 2.6%, expected to be 2.50%, and the previous value was 2.50%.
The preliminary figures for Germany's second-quarter unseasonally adjusted annual GDP will be released in ten minutes.