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THE FINANCIAL WEEK AHEAD WITH STERLING BROKERS

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This is a big week for statistics and could well determine the future course of interest rates on both sides of the...
This is a big week for statistics and could well determine the future course of interest rates on both sides of the Atlantic, STERLING BROKERS reports.

Inflation is now the biggest number of the monthly set and now the U.S fugre is as important as our own.

These start on Tuesday afternoon with U.S P.P.I where a slow down to 0.2% is hoped for, and as for Wednesday's Consumer Price Index, any number over 0.3% could add pressure on Feds funds once more, even though the next F.O.M.C meeting is not until 17 May.

Sterling Brokers reports confusion as to why the Retail Price Index is to be published to early this month, and before the Producers Price Index. Perhaps a good number on the books and a little cut to 5% base rate would not harm the government's local election campaign.

The bundesbank meet on Thursday and although the repo rate has been cut twice since the last meeting, M3 problems would appear to restrict the chances of official cuts.
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