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ECB Officials Signal Rate Cut as Inflation Eases

The European Central Bank (ECB) is on the brink of implementing an interest rate cut next week, following significant signals from key officials. Olli Rehn, a member of the ECB's Governing Council and the head of Finland's central bank, emphasized the sustained decline in inflation within the euro area, suggesting that conditions are favorable for easing monetary policy. ....

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Time is 'ripe' to cut rates next week: European Central Bank's Rehn

"Thanks to this disinflationary process . the time is thus ripe in June to ease the monetary policy stance and start cutting rates," the ECB's Olli Rehn said. ....

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Treasury Yields Rise but Remain Lower for the Week

Treasury Yields Rise but Remain Lower for the Week
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Budget 2024: Economists dispute Jim Chalmers' downbeat growth tone

Leading economists have dismissed Treasurer Jim Chalmers’ pessimistic assessment of the global economy, and say it should not be used to justify inflation-boosting spending. ....

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The US dollar is strengthening. Here's what's driving the rally and what it means for Americans

The mighty US dollar flexed some muscle last week in a positive sign for Americans’ purchasing power. ....

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