Euro zone bond yields edged up on Thursday after Federal Reserve Governor Christopher Waller advocated a higher-for-longer rate strategy ahead of inflation data which could affect the central banks' policy path. Waller said it was prudent to hold rates at the current restrictive levels for longer to help keep inflation on a sustainable trajectory toward 2%. France, Italy and the U.S. will issue inflation figures on Friday, while German and euro area-wide data is due next week.
At Durslade Farm in Bruton, Somerset, head farmer Dan George is showing me his sheep. Easter is almost upon us but not a lamb is in sight. Have they been sent to the abattoir already? No, George responds. “They won’t be born until the 1st of April.” For those shopping at Durslade’s Farm Shop, there’s no spring lamb for Sunday.
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