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Bessent’s Plausible or Pipe Dream: Inflation Will Drop Soon, the Real Estate Market Will Boom Soon
Although the prospect of a rebound in US inflation continues to trouble economists and the American public, US Treasury Secretary Scott Bessent said that a series of policies of Trump are expected to bring inflation back to the Federal Reserve's target of 2% soon.TradingKey
Mon, Mar 3
EXCLUSIVE-Nvidia and Broadcom testing chips on Intel manufacturing process, sources say
Tests show chip designers moving closer to manufacturing decisionIntel's contract manufacturing business faces delay to mid-2026Intel foundry revenue expected to remain low until at least 2027By Max A. Cherney and Fanny Potkin SAN FRANCISCO/SINGAPORE, March 3 (Reuters) - Chip designers Nvidia...Reuters
Mon, Mar 3
Euro zone inflation ticks lower in boost to ECB rate cut bets
Inflation slows to 2.4% in Feb from 2.5% in JanECB rate cut on Thursday seen a done dealFurther policy easing on the cards as growth is anaemicBy Balazs KoranyiFRANKFURT, March 3 (Reuters) - Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dr...Reuters
Mon, Mar 3
Ukraine expected to reduce gas imports by 11% on Monday
Ukraine will reduce natural gas imports by almost 11% to 13.8 million cubic metres (mcm) on Monday, down from 15.4 mcm on Sunday and a 26 mcm high in mid-February, data provided by the operator of the state-run gas transmission system showed.
Reuters
Mon, Mar 3
US tariffs will likely dent growth prospects in Central Europe, S&P Global says
BUDAPEST, March 3 (Reuters) - U.S. President Donald Trump's proposal to impose 25% tariffs on imports from the European Union is likely to dent growth prospects in Central Europe, compounding existing fiscal challenges, S&P Global Ratings told Reuters.Reuters
Mon, Mar 3
Japan’s Top FX Diplomat Mimura: Small and medium firms have strong prospects of wage hikes
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Monday, “It's not only big firms, also hearing small and medium firms have strong prospects of wage hikes.” Additional quotes Real private consumption in Japan is still below pre-Covid levels.
Fxstreet
Mon, Mar 3
