News
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BoE's Taylor dismisses inflation concerns, renews call for lower rates, FT reports
May 30 (Reuters) - Bank of England policymaker Alan Taylor renewed his call for lower interest rates in Britain and said the current higher inflation rate was being driven by one-off factors, the Financial Times reported on Friday.Reuters
Fri, May 30
PRESS DIGEST-British Business - May 30
May 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The TimesUK Prime Minister Keir Starmer has given his strongest hint yet that he will concede ground on the two-child ta...Reuters
Fri, May 30
Trump administration considers allowing tariffs of up to 15% for 150 days – WSJ
Citing people familiar with the matter, the Wall Street Journal (WSJ) reported late Thursday, “US President Donald Trump's administration is considering an existing law that includes language allowing for tariffs of up to 15% for 150 days.”Fxstreet
Fri, May 30
Core inflation in Japan capital hits 2-year high, keeps rate hike chance alive
Tokyo core CPI rises 3.6% yr/yr in May vs f'cast +3.5%Index excluding fresh food, fuel up 3.3% yr/yr in MayServices inflation perks up, bodes well for rate-hike prospectFactory output slides in April as US tariff impact loomsData underscores sticky food inflation, more price hikes eyedBy Leika K...Reuters
Fri, May 30
Australia’s Retail Sales decline 0.1% MoM in April vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, declined 0.1% MoM in April, compared to a rise of 0.3% in March, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday.Fxstreet
Fri, May 30
Fed's Logan says it 'could take quite some time' to see a shift in balance of risks
May 29 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan on Thursday signaled that the central bank may need to keep short-term interest rates where they are for quite some time as it waits for the data to show if President Donald Trump's mix of trade, tax and regulatory policies ...Reuters
Fri, May 30
Japan April factory output falls 0.9% month-on-month
TOKYO, May 30 (Reuters) - Japan's factory output fell in April by 0.9% from the previous month, better than a median market forecast for a 1.4% drop, government data showed on Friday.Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect seasonally adjusted output to increa...Reuters
Thu, May 29
