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Interest Rate Update May 2024 Post RBA Decision
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Gold futures remain firmly above their 50-day and 200-day moving averages. Phillip Streible has more.
Mixed bag today: • Macro (ugly wholesale sales print, implied gasoline demand at decade-lows ex-COVID, GDPNOW up at 4.18%?). • Micro (TRIP exposed as M&A premium evaporates ...
At the Monetary Policy Meeting (MPM) held on March 18 and 19, 2024, the Bank of Japan changed its monetary policy framework, judging that it was now within sight that the price ...
China's export returned to growth in April after contracting sharply in March, customs data showed on Thursday, suggesting some improvement in overseas demand that policymakers ...
A simple model points to a risk that US inflation takes longer to return to the 2% target than expected by the Fed because inflation dynamics have not returned to pre-COVID ...
US GDP growth moderated in Q1, but it was still a solid result. While a bit lower than we expected we have left our 2024 GDP forecast unchanged. • Overall, the various indicators ...