Summary of Fed Meeting: The path of the economy will depend significantly on the course of the virus. Seeks to achieve maximum employment and inflation
Annual US CPI gained by 5% (13-year high), a 0.3% overshoot to the consensus of 4.7%. This is the third reading since April that the
Economic data continue in negative territory as Industrial Production rose only by 0.4% in August which is the fourth consective month of increase after April’s
The Governing Council, this Thursday announced that the three main rates will remain unchanged; Marginal Refinancing Operations, Marginal Lending facility and the Deposit Facility will
Eurostat, the statistical office of the EU, released today its quarterly GDP and employment figures which shows an economy still suffering from COVID-related economic downturn.
The ECB is expected to meet later this week to discuss forward guidance. Interest rates are expected to remaine the same. The meeting will be