Fed says risks to the economic outlook appear "roughly balanced"

Market news

3 May 2018

Fed says risks to the economic outlook appear "roughly balanced"

Household spending moderated from late last year, but business investment was growing 'strongly'
Employment growth has been strong 'on average,' economy growing at a 'moderate rate'
Inflation has 'moved close' to its 'symmetric' 2 pct target and is expected to 'run near' that level over the medium term

ECB's Weidmann says first ECB rate hike could follow the end of QE more closely than in the U.S

Australian trade balance surplus higher than expected in March

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