Dollar Loses Steam After PCE Data
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Venezuela may be first nation to lose all its glaciers
Scientists say the South American nation's last glacier is now just an ice field.BBC News - Top stories -
BOE's Focus on Data Raises Prospect of June Cut
Soft inflation and wage data may be enough to prompt the Bank of England to cut interest rates at its next meeting in June, Capital Economics economist Paul Dales writes in a note.The Wall Street Journal - World -
Half of Gaza water sites damaged or destroyed, BBC satellite data reveals
Hundreds of Gaza’s water and sanitation facilities have been damaged or destroyed.BBC News - Top stories -
Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.CNBC - Business -
Poor labour market data causes problems for Bank of England
Gaps make it much harder to tell how fast inflationary pressures are recedingFinancial Times - Business