US: Inflation rose to 2.7% in June – Trump insists prices are low
Excluding food and energy prices, which are considered volatile, the CPI rose by 0.25% month-on-month and reached 2.9% year-on-year
Fed Chairman: The time has come to cut interest rates
The much-needed signal that the markets were waiting for the start of monetary easing was sent by Jerome Powell during his speech at the so-called "Davos of Central Bankers" in Wyoming