Yesterday, USD weakened against all major currencies.
FOMC committee member Bostic said yesterday that he does not expect quantitative easing tapering to be announced during this month’s monetary policy meeting due to the recent poor jobs data. Nonetheless, he still expects that the central bank will be able to start tapering this year.
The PPI m/m data will be released later at 2030 (GMT+8).
FOMC committee member Bostic said yesterday that he does not expect quantitative easing tapering to be announced during this month’s monetary policy meeting due to the recent poor jobs data. Nonetheless, he still expects that the central bank will be able to start tapering this year.
The PPI m/m data will be released later at 2030 (GMT+8).
- PPI m/m (Forecast: 0.6%, Previous: 1.0%)
- Core PPI m/m (Forecast: 0.5%, Previous: 1.0%)