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Prices of both new and existing US homes dropped in April, and stocks are likely to slump as the Fed's rate hikes take effect, David Rosenberg said.
Prices of both new and existing US homes dropped in April, and stocks are likely to slump as the Fed's rate hikes take effect, David Rosenberg said.
Deutsche Bank expects the Federal Reserve's favorite inflation gauge to fall further than the central bank thinks by year-end.
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.