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Fed: the cacophony continues – EnergyScan

Fed: the cacophony continues

  • Macro-economy

Limited market moves again yesterday, as Fed members continued to send mixed signals on monetary policy. Preliminary PMIs confirmed the strength of activity growth but also raising tensions on production costs. The economic agenda is full today with in addition, a Bank of England meeting and many Fed speakers again. The EUR/USD exchange rate remains rather stable around 1.19.

manufacturing pmi: input prices
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