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Bertransaksi dengan modal simulasi dan dapatkan keuntungan nyata setelah Anda lulus penilaian trader kami.
8 September 2023,00:40
Weekly Outlook
8 September 2023, 00:40
The rate improved to 0.5% from -0.1%, a sharp increase in the second quarter of the year. The manufacturing sector experienced a notably robust month, with significant growth observed in both the automotive industry and the typically unpredictable pharmaceutical sector. The UK is the sole G7 nation that has not yet witnessed its gross domestic product (GDP) returning to pre-Covid levels.
Within the expectation, July CPI remained steady at the rate of 0.2%. Although inflation is heading in a favourable direction, the fact that it remains at a relatively high level indicates that the Federal Reserve is not yet close to considering rate cuts.
The inflation rate in the Eurozone remained at 5.3% in August. Some economists argue that a further rate hike in September might be necessary to efficiently reduce inflation. However, some experts contend that the current policy adjustments have already been sufficient to bring down inflation. The European Central Bank (ECB) maintains an “open mind” regarding the decision on interest rates.
In July, the Producer Price Index (PPI) recorded an increase of 0.3%, slightly surpassing expectations. This rise was primarily driven by the resurgence in service costs, underscoring the unpredictable nature of achieving the target inflation rate of 2%.
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8 December 2023, 01:37 Economists Anticipate The Fed To Keep Rates Steady In December
4 December 2023, 03:20 Nonfarm Payrolls Forecasted At 175K Increase
24 November 2023, 02:43 Anticipation Of RBNZ Holding High Rates
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