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Eurozone flash Manufacturing PMI expands moderately to 51.4 in May vs. 51.9 estimates
Eurozone's preliminary HCOB Composite PMI deteriorates further in May. The Composite PMI arrives lower at 47.5, while it was expected to remain steady at 48.8. A figure below 50.0 is considered a contraction in the business activity.Fxstreet
Thu, May 21
BoJ’s Koeda: Appropriate to deal with inflation with monetary policy
Bank of Japan (BoJ) Policy Board Member Junko Koeda said that it’s appropriate to deal with inflation with monetary policy, but there is some time before the June policy meeting, so the central bank will continue to look at any change in balance between price and growth risks, Reuters reported on Th
Fxstreet
Thu, May 21
ECB’s Rehn: Raising rates may be needed in adverse scenario to maintain credibility
European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said that under adverse circumstances, it might be necessary to raise interest rates to maintain credibility, Reuters reported on Thursday.Fxstreet
Thu, May 21
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