28th November 2024

  • Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach

Core PCE price index increased 2.8% in October from a year ago

Robust disposable income gain points to resilient spending

https://blinks.bloomberg.com/news/stories/SNM8JFT1UM0W

  • US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending

3Q growth unrevised from prior estimate in sign of resilience

Business investment revised up, consumer outlays a touch lower

https://blinks.bloomberg.com/news/stories/SNM4F8T0AFB4

  • French 10-Year Borrowing Costs Match Greece’s for First Time

France’s bonds underperform peers on concerns about government

Greece was once at the heart of the euro-area debt crisis

https://blinks.bloomberg.com/news/stories/SNNHAMT0AFB4

  • Spanish Inflation Jumps to Highest Since August on Base Effects

November consumer prices rose 2.4% from year ago, as expected

Uptick is unlikely to alter ECB’s interest rate-cutting plans

https://blinks.bloomberg.com/news/stories/SNLSXJT0G1KW

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