BP will make its official Israel entry this month, as Socar continues its recent expansion and indus...
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ECB's Nagel joins a set of other ECB policymakers in downplaying the importance of the neutral rate of interest, r*, for near-term monetary policy in his lecture today in London at the 'Official Monetary and Financial Institutions Forum'. Key excerpts below:
Fed chair Powell cautions against getting "excited" about today's CPI report ahead of PPI (Thursday 0830ET), reminding us that the latter report carries potentially different implications for the Fed's preferred PCE gauge: