The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Global markets are awaiting US CPI data and interest rate decisions in Poland and the Czech Republic, with expectations that rates will remain on hold. Cooling US jobs data and sliding oil prices following the reopening of the Strait of Hormuz have led to an unwinding of Federal Reserve rate-hike bets. Consequently, the Fed is now expected to maintain current interest rates until summer 2027 due to slowing inflation.