Reserve Bank of Australia Holds Interest Rates
The central bank held interest rates steady following three consecutive increases, seeking more clarity on the likely path of inflation
Economics
China Data Shows Unbalanced Economic Growth
The two-speed nature of China’s economic growth became more pronounced last month amid an extended export boom, with consumer spending
Canada More Focused on Tariff Relief Over USMCA Renewal, Ambassador Says
Former pension-fund and BlackRock executive Mark Wiseman said Canadians shouldn’t get too focused on the formal review process starting on
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Join a real-time, written chat with WSJ’s chief economics reporter from 10 a.m. -11 a.m. ET. on Tuesday. Source link
U.S. Industrial Production Edged Up in May
Production rose by 0.1% last month, after rising 0.9% in April. Analysts polled by The Wall Street Journal expected a
New York Manufacturing Activity Grew at a Slower Pace in June
The Federal Reserve Bank of New York said that its statewide manufacturing index of business conditions grew at a slower
Eurozone Industrial Production Picked Up Again in April
Industrial output rose again as factories rushed to meet orders placed by customers anxious to avoid price hikes and shortages
The Fed has believed for decades that talking openly made its policy work better. Its new chairman believes the opposite.
For decades, the central bank believed talking openly made its policy work better. Its new chairman believes the opposite. Source
Consumer Sentiment Improves Slightly in June but Remains Sluggish
The Michigan consumer-sentiment index bounced off its all-time low set in May to rise to 48.9 in the initial June
Week Ahead for FX, Bonds: Fed, BOE Among Slew of Central Bank Decisions
The Fed and BOE are both expected to leave rates unchanged but the focus is on whether they will leave