US Inflation Slowdown Signals Potential Fed Rate Cuts; Global Economies Brace for Key Data Releases
February 11, 2024US inflation rate forecasted to decelerate, prompting potential Federal Reserve interest rate cuts.
Core CPI in the US likely to see a 3.7% rise in January, marking the smallest year-over-year increase since April 2021.
Federal Reserve officials remain cautious about rate cuts due to a robust economy and strong labor market.
Improved consumer confidence attributed to easing inflation and the prospect of lower borrowing costs.
Japan's economy set for a recovery; the UK to disclose key economic indicators including wage growth, inflation, and GDP.
Upcoming economic data releases across Eastern Europe, Africa, and Latin America, focusing on inflation and GDP.
European Central Bank President scheduled for a testimony; multiple interest rate decisions expected in the European region.
Argentina, Colombia, Brazil, Peru, and Chile to report on inflation, industrial production, GDP, and unemployment rates.
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