ECB expects inflation above target

Source: Dukascopy Bank SA
An unnamed Reuters source has revealed to the news agency that the European Central Bank expects inflation to remain above its target of 2.00% throughout 2025.
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Wed, 14 Dec 2022 19:25:18 GMT

Federal Reserve rate hike

The United States Federal Reserve has hiked its Federal Funds Rate by 0.50%. The market consensus forecast was a 0.50% hike, which has brought the rate from 4.00% up to 4.50%.

Thu, 22 Dec 2022 10:00:10 GMT

Mexican energy impacts semiconductor sector

Reuters has revealed a report that, unless Mexico improves its energy sector, the country is set to fail to take advantage of the new $52.7 billion US Chips Act. The US subsidy is aimed at improving semiconductor production in whole of North America.

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