While the firm said the concert's effect on local economies was undeniable, it may have a smaller imprint on national-level economic data than some think.
Germany’s housebuilding sector has gone from bad to worse in recent months as it is in a "confidence crisis," one CEO says.
The central bank official said higher than expected inflation readings raised questions on where prices are heading and how the Fed should respond.
Turkey's central bank held its key interest rate on Thursday, despite soaring inflation, after eight consecutive months of hikes.
Germany on Wendesday confirmed that it was slashing its GDP growth expectations for 2024 to 0.2%, down from the previous 1.3% estimate.
The contraction was significantly larger than expected. Analysts predicted a contraction of around 10%.
The Wall Street bank now sees five consecutive 25 basis point interest rate cuts this year, with the first in June rather than May.
The producer price index was expected to increase 0.1% in January, according to economists surveyed by Dow Jones.
Sales rebounded by 3.4% after a grim December, as shoppers sought out sales.