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2024-05-18 22:08:51

Bloomberg on Nostr: Slowing Inflation Primes G-7 Central Banks for June ========== Inflation-related ...

Slowing Inflation Primes G-7 Central Banks for June
==========

Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy. Canada, the UK, and Japan will all publish inflation numbers for April that are likely to show a slowdown in consumer-price growth. The European Central Bank will publish wage numbers, which are essential to judge underlying price dynamics. Japan's data may show consumer-price growth weakening. The G-7 finance ministers and central bankers will gather in Italy to discuss the global economy. The US Federal Reserve will release minutes of its last meeting. Central bank decisions are expected in New Zealand, Indonesia, South Korea, and Turkey. Other economic data releases include retail sales numbers for Canada, consumer inflation data for Singapore, Hong Kong, and Malaysia, and purchasing manager indexes for the euro zone and the UK.

#Inflation #CentralBanks #InterestRates #G7 #Economy

https://www.bloomberg.com/news/articles/2024-05-18/global-rate-cuts-slowing-inflation-primes-g-7-central-banks-for-june
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