The monthly rate of CPI in the euro area in January was -0.3%, expected to be -0.3%, and the previous value was -0.30%.
Iraq will export 185,000 barrels of oil per day from fields in the Kurdish region through the Iraq-Turkey pipeline and gradually increase it to 400,000 barrels per day once oil delivery resumes, Deputy Oil Minister Basm Mohammed said on Sunday. Basm revealed no specific timetable but expected Turkey to respond within 24 hours. Basm said the Kurdistan region's oilfields have a capacity of 300,000 barrels per day, some of which will be used domestically, and the remaining 185,000 barrels per day w...
US Middle East envoy Vetkov: The US-Ukraine mineral deal is expected to be signed this week.
US consumers' expectations of long-term inflation rose to their highest level in three decades amid fears that Mr. Trump's tariffs will lead to higher prices. According to the University of Michigan's Consumer Confidence Survey, consumers expect prices to rise at an annual rate of 3.5 per cent over the next five to 10 years, the highest level since 1995 in data compiled by Bloomberg.
The final forecast for one-year inflation in the United States in February was 4.3%, the highest since November 2023, and the forecast was 4.30%, the previous value was 4.30%. The final forecast for five-to-ten-year inflation in the United States in February was 3.5%, and the forecast was 3.30%, the previous value was 3.30%. The month-on-month increase in consumer long-term inflation expectations surveyed by the University of Michigan was the largest since May 2021.
Hassett, Trump's top economic adviser, said he expected the yield on 10-year Treasury bonds to decline.
The Federal Reserve's Bostic: We still expect two rate cuts this year, but there is a lot of uncertainty.
Mr. Bostic said the Fed was expected to cut interest rates twice this year. A lot could happen in the future that could lead to more or less rate cuts. The base rate is currently in a moderate tightening state, compared with the neutral rate of 3% -3.5%. The slowdown is a major concern because of the upcoming policy changes, but businesses expect 2025 to be a solid year, and so far the economy has shown resilience.
The Philadelphia Federal Reserve Manufacturing Index in February was 18.1, compared with expectations of 20 and a previous value of 44.3.
February 20th news, the United States to February 15th week the number of initial jobless claims recorded 219,000 people, the market is expected to 215,000 people.
European Central Bank Governing Council member Simkus expressed his support for the expectation of three more interest rate cuts in 2025. The direction of interest rates is clear, and the next move is also clear. There is no good reason for not cutting interest rates in March.
Australia's January quarter-adjusted unemployment rate was 4.1%, expected to be 4.10%, and the previous value was 4.00%.