10min chapter

Bloomberg Daybreak: Europe Edition cover image

Daybreak Weekend: US CPI, ECB Meeting, RBA Decision

Bloomberg Daybreak: Europe Edition

CHAPTER

Inflation Insights and Oracle's Cloud Growth

This chapter explores the challenges of persistent high inflation rates, particularly focusing on core services and housing, while also examining the Federal Reserve's cautious approach to interest rate cuts. It also highlights recent employment data and anticipates upcoming economic indicators alongside Oracle's strategic maneuvers in the competitive cloud infrastructure sector. The discussion covers Oracle's collaborations with major tech firms and the demand for its services, all within the context of the evolving economic landscape.

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