This recent data is 'not really settling the issue of the last mile,' Francesco Papadia, a senior fellow with the think tank Bruegel and a former director general for market operations at the ECB, told DW. 'The news is not bad, but not as good as one may wish.'
For the Fed, the threshold to raise rates is still greater than the threshold to cut,' Diane Swonk, chief economist at consultancy KPMG US, told DW. 'But they're starting to both get pretty high.'
#inflation-rates #interest-rate-cuts #us-federal-reserve #european-central-bank #global-economic-trends
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