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Fed s Barkin Says Rate Cuts Will Have to Eait

Fed's Barkin spoke at the Economic Club in New York City. He said it was wise for the FOMC to take its time before cutting rates, so as not to risk inflation reemerging. Barkin underlined that a very strong labour market, as well as strong demand gave the FOMC time to wait before beginning to cut rates. We believe the Fed will cut rates four times in 2024, whereas markets currently price in almost five cuts.

Czech republicNew yorkUnited statesDeputy uchidaDonald trumpUs bureau of labor statisticsEconomic clubLunar new yearChinese new yearLabor statisticsVirgin islandMonth brentPer jansson

ISM Data Points to a Stronger Than Expected US Service Sector

In the US, ISM Services Index for January surprised to the upside. The PMI came in at 53.4 (prior 50.6), which compares to a Reuters poll showing consensus expectations of 52.0. The Prices Paid, New Orders, and Employment Index also all came in higher than December's print. The upside surprise in the ISM Services Index aligns with how most recent US data releases have surprised to the upside.

Federal reserveServices index forMonetary policy committeeServices indexReserve bankMonth brentPrices paidNew ordersEmployment indexProducer price indexEngland chief economist huw pillWall street

High prices of the beginning of the year and the end of 2022 return to European electricity markets | REVE News of the wind sector in Spain and in the world

High prices of the beginning of the year and the end of 2022 return to European electricity markets | REVE News of the wind sector in Spain and in the world
evwind.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from evwind.es Daily Mail and Mail on Sunday newspapers.

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Concentrated Solar Power, photovoltaic and wind energy production in the third week of August | REVE News of the wind sector in Spain and in the world

Concentrated Solar Power, photovoltaic and wind energy production in the third week of August | REVE News of the wind sector in Spain and in the world
evwind.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from evwind.es Daily Mail and Mail on Sunday newspapers.

United kingdomIberian peninsulaPortugal generalGreat britainPedro gonzNational gridAleasoft energy forecastingAssociation of companiesLarge energy consumptionNorthern europeanSouthern europeanAssumption dayNord poolSoft energy forecastingMonth brent

The European electricity markets were impacted by higher gas prices in the second week of August | REVE News of the wind sector in Spain and in the world

The European electricity markets were impacted by higher gas prices in the second week of August | REVE News of the wind sector in Spain and in the world
evwind.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from evwind.es Daily Mail and Mail on Sunday newspapers.

Iberian peninsulaSpain generalUnited kingdomGreat britainThe netherlandsAleasoft energy forecastingshowedAleasoft energy forecastingNational gridSolar powerMainland spainNord poolMonth brentSoft energy forecastingArtificial intelligence