Surveillance: ECB, Fed Raise Rates
Bloomberg Surveillance
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The ECB's Data Dependency
James Athey of Aberdeen says markets are still focused on the most lagging indicators, that's jobs and inflation. The ECB really doesn't want to give a strong signal one way or the other,. There is definitely persistent weakness across the manufacturing sector. That's much more significant in the Eurozone than it is in the US. We're starting to see softening in the service sector as well, and that is good news.
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