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In EIU’s June 2024 Global Outlook video, head of global forecasting and economics, Tom Rafferty, and global principal economist, Steven Leslie, discuss the US economic outlook. video Despite stubborn inflation and still-high interest rates, the US economy has proved resilient so far in 2024. However, the Federal Reserve (Fed, the US central bank) will ...
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European Central Bank Governing Council member Fabio Panetta said the time is right for an interest-rate cut next month. “I believe we have the conditions for a change in monetary policy” at the June 6 decision, Panetta told reporters in Stresa, Italy. “We have our mantra of deciding meeting by meeting, but I do believe that the consensus has widened and ...
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