US Employment Cost Index rises more quickly than expected in Q1
The cost in the U.S. of employing workers picked up modestly at the start of 2024 amid a jump in benefits.
Source: sharecast.com
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US economic activity slows in April, PMIs show
Economic activity in the U.S. slowed last month, the results of two closely followed surveys revealed.
Source: sharecast.com
US durable goods orders rise as expected in March, details weaker
Orders in the U.S. for goods made to last more than three years rose by slightly more than expected last month.
Source: sharecast.com
BoE's Huw Pill says rate cuts still some way off
The Bank of England’s chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".
Source: sharecast.com
ECB stands pat, but says June projections may justify cuts
Rate-setters in Frankfurt stood pat on rates on Thursday, but said that it would be correct to lower interest rates if its next set of projections, in June, increased their confidence that inflation was headed lower.
Source: sharecast.com