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On the SPOT™ blog (03/07/2024) [G..]

Writer: Salyl BhagwatSalyl Bhagwat

This morning (PST), all three major US indices are in the green. Last week's jobless claims seemed flat and inline with estimates. European Central Bank lowered its inflation and growth forecast. Federal Reserve Chairman reiterated his remarks (similar to yesterday's) in from to Senate Banking committee but also seems to suggested that FOMC might not be very far from gaining confidence in inflation movement towards the goal.

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