ECB rate decision 6 june & US employment data 7th june...1 Jun 2024 10:57
..interested in this data in particular this week..the ECB decision to lower rates is very 50/50 now.... "FRANKFURT, May 31 (Reuters) - Euro zone inflation rose in May, data showed on Friday, in a sign the European Central Bank still faces a slow and uncertain journey to reach its goal of fully reining in prices.
The bigger-than-expected increase in inflation was unlikely to stop the ECB from lowering borrowing costs from a record high next week, but may cement the case for a pause in July and a slower pace of interest rate reductions in the coming months."...........As always the US employment data this week is interesting.......Away on holiday atm till the end of june gla & atb.