Jerome Powell from the Fed and Christine Lagarde from ECB speaks today at banking ECB forum. Here are some of the comments:
- The US economy is still strong, and labour market came in better balance. Probably US inflation has peaked
- Inflation may return to 2% late next year or the following year
- Able to ‘to take our time and get this right’
- Need to see more data similar to what we've been seeing recently
The main line from Jerome Powell’s comments is that disinflation appears to be resuming -- a conclusion reached after recent benign inflation figures.Powell does note, though, that the Fed can take its time in ensuring that inflation is moving towards target, but he also noted that a marked deterioration in the labor market could prompt some action.
ملخص اليوم: انخفاض أسعار النفط بنسبة 8% يدعم وول ستريت والمعادن النفيسة وزوج اليورو/الدولار الأمريكي
السعودية تخفض سعر البيع الرسمي للخام العربي الخفيف لآسيا في يونيو
الإمارات تتصدّر «فوربس» لقادة الشركات العقارية الأكثر تأثيراً في 2026
التقويم الاقتصادي: تقرير ADP وبيانات مؤشر مديري المشتريات من أوروبا 🔎
