- From bnnbloomberg.ca|11 hr ago
A chorus of Federal Reserve officials on Tuesday emphasized the need for more evidence of cooling inflation before lowering interest rates, with a couple policymakers offering insight into the potential timing of such a move. Fed Governor Adriana Kugler said it will likely be appropriate for the central bank to cut rates “sometime later this year” if ...
- From bnnbloomberg.ca|9 hr ago|1 comment
Japan’s exports grew at the fastest clip since late 2022 as the weak yen boosted their value, a positive development for the nation’s manufacturing sector. Exports increased 13.5% from a year ago in May, marking a sixth month of gains, the Finance Ministry reported Wednesday. The gain outpaced economists’ consensus estimate of a 12.7% increase, and it was ...
- From ecb.europa.eu|2 hr 52 min ago
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