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Eighth straight ECB rate cut looks like a near-certainty after May’s surprise inflation decline
Following an unexpected drop in inflation during May, financial analysts anticipate the European Central Bank will likely lower its key interest rate to 2%, marking the eighth cons...
Read Full Article →Trump signs order imposing 50% tariffs for steel, aluminum. Why economists are dismayed.
The increase in tariffs on imported steel and aluminum to 50% is expected to impact production costs and trade dynamics, raising concerns among economists about potential economic...
Read Full Article →Interest-rate differentials, flows to Japan show dollar still looks vulnerable
The ongoing disparities in interest rates and investment movements toward Japan indicate potential challenges ahead for the U.S. dollar’s value in global financial markets.
Read Full Article →Consumer prices likely rebounded in April as higher tariffs began to bite
Economists indicate that in April, the increase in tariffs contributed to a noticeable rise in overall consumer expenses, impacting household budgets and influencing inflation tren...
Read Full Article →Fed’s Powell expected to push back this week against calls for rate cuts
Federal Reserve Chair Jerome Powell is anticipated to resist pressure for reducing interest rates, signaling a cautious approach that may influence borrowing costs and financial ma...
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