Welcome to the program, everybody. You are watching countdown. London. 00 here in good morning. Stocks in the u. S. Rallying after the latest minutes from the Federal Reserve revealing the central bank will continue to keep Interest Rates low for a considerable time. For more, we are joined by christian scholz. The Market Reaction says low means low for longer. The balance is very much on the Residential Market and the european issues. There is plenty of Downside Risks which the fed will obviously way once they start answering that considerable time between that and the first rate hike. Watch here is that this came before the latest big decline in the unemployment rate. They already had discussion about whether there was significant slack in the economy or whether there wasnt and the latest decline may change the guidance as early as the october meeting. There may be changes in store. The considerable time language may still digress. They may be stretching wheniderable time unemploymen
Germany: 2 % s block was broken by inflation in Hesse
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Germany: No ECB interest rate reduction is expected before June, despite the fall in inflation in March
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