The quarter ends, but the inflation headache continues | MarketTalk: What’s up today? | Swissquote
March preliminary inflation figures from the Eurozone confirmed that headline inflation in Europe eased by a big chunk in March, thanks to the base effect - as we know compare war months to war months, but core inflation looks sticky, giving support to the European Central Bank (ECB) hawks and the euro bulls.
In the US, the US dollar is sitting at the low levels of the Silicon Valley Bank (SVB) collapse, and despite hawkish comments from Federal Reserve (Fed) officials – hinting at further rate hikes to tame inflation – the banking stress and soft economic data prevent the...