To try and rein in soaring prices. So where is the Economy Heading . Im joined now by Salomon Fiedler whos an economist at berenberg bank. Better than expected numbers . More thanjust better than expected numbers . More than just a Coronation Weekend you alluded to, june was the strongest month. The coronation was in may. Domestic spending is relatively strong at the moment or has been in 02. Strong at the moment or has been in q2. Consumers have spent and we see that in the figures now. 02. Consumers have spent and we see that in the figures now. That in the figures now. There are concerns for that in the figures now. There are concerns for the that in the figures now. There are concerns for the longterm that in the figures now. There are| concerns for the longterm health that in the figures now. There are i concerns for the longterm health of concerns for the Long Term Health of the uk economy, what is going on there . , ,. , the uk economy, what is going on there . ,. ,. There . May
semiconductors and it falls to us companies. it is important for the us to get to trade with taiwan so nvidia which is at the forefront of this frenzy, basically 40% of this is produced so. we this frenzy, basically 4096 of this is produced so. . . this frenzy, basically 4096 of this is produced so. we also know that the us is trying is produced so. we also know that the us is trying to is produced so. we also know that the us is trying to reduce is produced so. we also know that the us is trying to reduce its - the us is trying to reduce its dependence on china and so taiwan a worthy alternative. although, not able to pick up some of the slack because china is, of course, the powerhouse economy. the workshop of the world. ~ ,,., , powerhouse economy. the workshop of the world. ~ , ,., , . powerhouse economy. the workshop of the world. ~ ,,., , ., , powerhouse economy. the workshop of the world. ~ , ., , ., the world. absolutely. china is an extremely important the w
Traders betting the European Central
Bank is all but certain to start cutting interest rates in June
just need a green light from policymakers on Thursday that the
coast is clear. . -April 08, 2024 at 01:00 am EDT
- MarketScreener
Traders betting the European Central Bank is all but certain to start cutting interest rates in June just need a green light from policymakers on Thursday that the coast is clear. Inflation slowed to even nearer the ECB's 2% target in March, paving the way for the bank to lead the U.S. Federal Reserve and other big peers in kicking off an easing cycle. Frederik Ducrozet, head of macroeconomic research at Pictet Wealth Management, said the ECB wants to see data broadly in line with its expectations to deliver a cut, rather than needing to see improvements as the Fed has suggested.