About: davin

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In March, US PCE Price Index annual inflation matched forecasts, coming in at 3.5% as expected

US PCE inflation held at 3.5% year-on-year in March, matching forecasts, reflecting annual US consumer price changes.

March’s US PCE Price Index month-on-month matched expectations, rising 0.7%, aligning closely with economists’ projections

U.S. PCE price index rose 0.7% in March, matching expectations and indicating steady consumer inflation pressures.

March saw US core PCE price index match forecasts, rising 0.3% month-on-month as expected

US core PCE prices increased 0.3% in March, matching forecasts and signaling steady inflation excluding food, energy.

Forecasts are matched as the Eurozone ECB deposits facility rate stays at 2% without any changes

European Central Bank set eurozone deposit facility rate at 2%, matching forecasts; banks earn interest on overnight deposits.

Deutsche Bank says the Fed held rates, facing four dissents since 1992, spanning dovish and hawkish views

Fed held rates, saw four dissents; Powell cited Middle East uncertainty as markets priced higher odds.

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