EUR: Spanish inflation rate declines

Yesterday the Spanish inflation rate declined to 3.2% in May 2023, from 4.1% the month previous. This is the lowest rate since July 2021 and was largely boosted by falling prices in transportation, electricity and fuel...


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USD: Core inflation rate slows

Following the decline in US inflation, the core inflation rate slowed to 5.3% – the lowest since November 2021. This supports the argument for the Federal Reserve to consider pausing its current cycle on monetary tightening. For more on currencies and currency risk...


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USD: Core inflation expected to cool

As well as monthly and yearly inflation, core consumer price inflation for the US will also be released today. Core inflation, excludes the more volatile items such as food and energy. According to the U.S. Bureau of Labor Statistics , the rate edged down to 5.5% in...


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GBP: BoE’s Bailey and Dhingra to speak

The Bank of England’s (BoE’s) governor, Andrew Bailey, and monetary policy committee member, Swati Dhingra, will both deliver speeches today. Their speeches follow  BoE monetary policy committee (MPC) member, Jonathan Haskel’s, reiteration in The Scotsman...


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