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ECB's Kazaks says “very much open” to discussing a September rate cut
European Central Bank (ECB) Governing Council member Martins Kazaks said on Thursday that he’s ready to discuss another interest rate cut at the September meeting, voicing confidence in inflation returning to 2% as well as worries over the economy, per Bloomberg.Fxstreet
Aug 22, 2024
Japan’s National CPI climbs 2.8% YoY in July, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) climbed 2.8% YoY in July, compared to the previous reading of 2.8%, according to the latest data released by the Japan Statistics Bureau on Friday, Further details unveil that the National CPI ex Fresh food arrived at 2.7% YoY in July versus 2.6% prior.Fxstreet
Aug 22, 2024
New Zealand’s Retail Sales falls 1.2% QoQ in Q2 vs. -1.0% expected
New Zealand’s Retail Sales, a measure of the country’s consumer spending, fell 1.2% QoQ in the second quarter (Q2) from the previous reading of a 0.5% increase, according to the official data published by Statistics New Zealand on Friday.Fxstreet
Aug 22, 2024
