He's not providing anything new to his previous comments here. They've been making victory laps last week and now will just sit back and wait for the summer data before deciding what to do next.
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Spain November Final CPI M/M 0.2% vs 0.2% preliminary (0.7% prior) | Final CPI Y/Y 3.0% vs 3.0% preliminary (3.1% prior) | Final HICP M/M 0.0% vs 0.0% preliminary (0.5% prior) | Final HICP Y/Y 3.2% vs 3.1% preliminary (3.2% prior)
Fed cuts rates, but mortgage rates creep to 6.22%! Housing affordability concerns rise as Powell warns of market challenges.
BP's Atlantis expansion adds 15K boe/d early, boosting Gulf of Mexico output & 2030 goals. Traders eye offshore production returns.
France November Final CPI M/M -0.2% vs -0.1% preliminary (0.1% prior) | Final CPI Y/Y 0.9% vs 0.9% preliminary (0.9% prior) | Final HICP M/M -0.2% vs -0.2% preliminary (0.1% prior) | Final HICP Y/Y 0.8% vs 0.8% preliminary (0.8% prior)
Europe's EV sales surge 33% on incentives; US sales drop post-subsidy. China's EV growth stalls at 3%, then dips 17%!
BoJ will not release updated estimate on neutral rate, won't use it as main communication tool on rate hike timing - Reuters sources
BoJ likely to maintain pledge next week to keep raising rates with pace dependent on how the economy reacts to each increase - Reuters sources
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