June jobs report signal possible interest rate cut later this year
June jobs report signal possible interest rate cut later this year – CBS News Watch CBS News The U.S. added 206,000 jobs in June and the unemployment rate rose to….
Tag: Interest rates
German inflation sees fall in June after May’s surprise rise
The latest figure may reassure investors that Germany’s inflation is still on a downward trend, despite May’s surprise spike. ADVERTISEMENT The preliminary estimates for the year-on-year German inflation report for….
Prospects brighten as Turkey taken off money laundering ‘grey list’
In a landmark move, Turkey has now been taken off the Financial Action Task Force (FATF)’s “grey list”, a decision which is expected to go a long way in supporting….
Ahead in markets: The focus remains on EU inflation and US jobs data
The week will be focused on key economic data and political events including the euro area’s inflation readings, jobs data from the US, and the UK’s general election. ADVERTISEMENT Financial….
Fed’s preferred inflation gauge was up 2.6% in May
A key inflation gauge used by the Fed to track inflation was up 2.6% last month — a fresh signal that prices may have begun to ease recently after several….
Bank of America sees ECB rate cuts if French polls unsettle markets
The ECB may accelerate its rate-cutting cycle if French developments tighten financial conditions, according to Bank of America. ADVERTISEMENT Bank of America predicts that the European Central Bank (ECB) might….
Weekly recap: Political jitters still weigh on market sentiment
European markets are mostly lower for the week as political uncertainties continue to weigh on sentiment. The selloff in the French stock markets resumed ahead of the parliamentary election. ADVERTISEMENT….