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U S 2Q Employment Cost Index +1 0%

By Amara Omeokwe and Harriet Torry Wage growth moderated in the second quarter and inflation cooled, the latest signs of easing price pressures as the.

Gold Price Struggling Around $1,950 Before US PCE Data

ECB Policy Meeting to Large Extent Might Follow Scrip of Fed Meeting

Later today, the ECB policy meeting to a large extent might follow the scrip of yesterday’s Fed meeting. Anything different from a 25 bps hike would be a huge surprise. At the ECB press conference, chair Lagarde probably will get many questions on recent poor activity data.

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