FRANKFURT (dpa-AFX) – The trend of the euro
“According to several representatives of the US Federal Reserve, reducing the inflation rate is necessary to ensure better long-term growth,” wrote analysts at Landesbank Hessen-Thüringen. However, the rate hikes announced by the central bank have a dampening effect on consumer sentiment and demand, which has already been affected in real terms. In this context, experts referred to the US consumer climate for August, which was determined by the University of Michigan in the afternoon. Development data from Great Britain will already attract attention in the morning./la/zb
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