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Fed officials are getting more concerned about the labor market – BBH
Federal Reserve (Fed) Chair Jerome Powell said recent data suggest that they’re getting back on a disinflationary path and that unexpected labor market weakening could prompt a policy reaction, BBH macro analysts note.Fxstreet
Jul 3, 2024
Euro Area: Growth to continue, despite a decline in PMIs – Danske Bank
In contrast to the strong data releases in previous months, June PMIs declined unexpectedly with the composite indicator falling to 50.8 from 52.5 in May, below expectations of 52.5, Eurozone economy to continue growing “Despite, the downtick, the composite PMI was significantly higher in Q2 compared to Q1, indicating that the economy also grew in Q2.Fxstreet
Jul 3, 2024
