After the ECB raised interest rates as expected, more central banks are up next in the coming week. Among them is the US Federal Reserve.
Yesterday’s release of data on consumer prices in May (with inflation compared to May 2025 at a high 4.2 percent) was followed today by the latest figures on producer prices in May. Here too, there was a clear increase that exceeded expectations.
After inflation in the US has been too high for years now, one would actually expect the US Federal Reserve to decide on a rate hike soon. That’s very unlikely for the coming week. But it’s to be expected at one of the next meetings.