In the US, markets have taken a breather after last week’s rally, gearing up for a busy week featuring the latest Q4 GDP estimate, the Federal Reserve’s preferred measure of inflation, Core PCE as well as manufacturing PMIs.
With the end of the tax year fast approaching, there is still time for individuals to take full advantage of their £20,000 ISA allowance.
It has been a relatively calm week for markets thus far, with the US observing Presidents’ Day on Monday.
Key Consumer Price Index (CPI) data was released from the US and the UK this week as it was revealed they were at the forefront of the markets.
In the absence of significant economic data this week investors deliberated on Fed Chair Jay Powell’s recent comments over the weekend.
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