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No scope for Hungary rate cuts amid inflation rebound, rate-setter warns
January inflation can exceed 5% y/yAverage 2025 CPI seen rising to 4.1% to 4.2%Any U.S. tariffs on EU would boost inflationPremature rate easing could hit credibilityBy Gergely SzakacsBUDAPEST, Feb 6 (Reuters) - Hungary's average inflation rate could rise to 4.1% to 4.2% this year, with possible...Reuters
Feb 6, 2025
US Treasury Sec Bessent: Focus is on bringing down 10-year Treasury yields than Fed’s key short-term rate.
US Treasury Secretary Scott Bessent said late Wednesday, the “focus is on bringing down 10-year Treasury yields, rather than the Fed’s benchmark short-term interest rate.” Additional comments Failure to get the tax bill done will result in the "largest tax hike in history".Fxstreet
Feb 6, 2025
Fed's Jefferson: In no rush to reduce level of policy restraint
Feb 5 (Reuters) - U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in its current position until policymakers get a better sense of the net effects of the Trump administration's policies on tariffs, immigration, deregulat...Reuters
Feb 6, 2025
Australia’s Trade Surplus decreases to 5,085M MoM in December vs. 7,000M expected
Australia’s trade surplus decreased to 5,085M MoM in December versus 7,000M expected and 6,792M (revised from 7,079) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.Fxstreet
Feb 6, 2025
