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Fed's Williams: Interest rates to come down gradually as inflation eases
In an interview with Fox Business, New York Federal Reserve President John Williams noted that recent inflation data have been encouraging and added that he expects inflation to continue to come down, per Reuters.Fxstreet
Jun 18, 2024
RBA looks set for fifth consecutive interest-rate hold despite falling inflation
The Reserve Bank of Australia (RBA) is unlikely to give into the pressure of a dovish policy pivot, as adopted by the Bank of Canada (BoC) and the European Central Bank (ECB) when it concludes its policy meeting on Tuesday.
Fxstreet
Jun 17, 2024
US core services inflation remains above 5% for 24th consecutive month – NBC
Global financial markets cheered last week's weaker-than-expected US CPI data for May, with both the headline (+0.0%) and core (+0.2%) measures coming in a tick below consensus expectations, National Bank of Canada (NBC) strategists Stéfane Marion and Jocelyn Paquet note.Fxstreet
Jun 17, 2024
