Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of March 24 - 28:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which major economies to focus on:
As widely expected, the Federal Reserve kept its key interest rate in the 4.25%-4.50% range. It also hinted at cutting rates by 50 basis points by the year’s end.
Meanwhile, the central bank lowered its economic growth forecast for 2025 to 1.7% from 2.1%, and raised its annual inflation rate forecast to 2.7% from 2.5%.
The next important set of major U.S. inflation data will be due on Friday (March 28).
According to Trading Central's "Economic Insight", the Core Personal Consumption Expenditure (PCE) Price Index is expected to accelerate to 2.8% year on year in February.
The Fed will decide on interest rates again on Wednesday, May 7.
In the past 12 U.S. Core PCE Price Index reports, within one hour from the event, EUR/USD rose in 50% of times (6 out of 12 events), marking a trading range of 24.55 pips on average.
(GMT+01:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
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