Spending is picking up in the US - Forex News by FX Leaders

Spending is picking up in the US

Posted Tuesday, May 31, 2016 by
Skerdian Meta • 1 min read

The US spending and inflation numbers were just released for last month. The inflation increased by 0.1% while the spending jumped by a whopping 1.0%. That´s yet another great piece of data from the United States which puts pressure on the FED to hike the interest rates. After all, they pledged for more positive data and they´re having plenty of it. 

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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