Bangor Savings Bank s commitment to employees, customers, and communities led to growth for its 2023 Fiscal Year tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
Australia Westpac Leading Index growth rate fell from -0.78% to -1.09% in May. This is the lowest read of the growth rate since the pandemic. The tenth consecutive negative print for the index. The negative Index growth rates point to below-trend economic growth.
Sterling is given a boost in the wake of latest CPI data, which indicated a steady headline inflation rate and a further acceleration in core inflation. This data is likely to solidify BoE's case for a rate hike in tomorrow's meeting. However, how long this tightening phase will continue remains uncertain. Notably, the Pound's buying momentum is presently restrained, and the wider currency market appears to be operating within the confines of yesterday's range.
Leading index keeps on crashing macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
Despite Fed Chair Jerome Powell's firm indications that further monetary tightening is needed, Dollar is struggling find momentum for its near-term rebound. The greenback is yet to break through its weekly high even against the weaker Yen and is primarily bounded within the confines of yesterday's range, barring its performance against Australian dollar.