Not exact matches
Euro zone
officials received a slew of good news on Tuesday morning with stronger - than - expected growth and
inflation figures and a falling unemployment rate.
UK
inflation came in at 0.3 % for February, according to
official figures released Tuesday.
The
inflation rate, which had been slightly positive, was minus 0.2 percent in February, according to
official figures.
Yet,
official figures also showed
inflation slow to catch up through higher wages for workers.
But those
figures don't show up in the
official inflation numbers or the velocity ratio.
Nevertheless, in light of the latest sluggish
inflation figures and dovish comments by a number of Fed
officials, there was increased skepticism among many market participants about whether policymakers would go ahead and implement another rise in interest rates before the end of the year, as indicated by the Fed's projections for monetary policy.
That proposition will be tested today if, as expected,
official figures show British workers are about to enjoy their first real - terms pay rise in four years, with wages finally overtaking
inflation.