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Inflation in New Zealand Eases But Near-Term Rate Cuts Unlikely
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Sticky German inflation curbs investors’ ECB rate cut expectations
Energy and food figures highlight ‘last mile’ challenge of bringing prices close to central bank’s targetFinancial Times - World - Germany -
Australia and New Zealand honor their war dead with dawn services on Anzac Day
Hundreds of thousands of peole have gathered under a full moon across Australia and New Zealand for dawn services to commemorate their war dead on Anzac DayABC News - World - New Zealand -
Australia and New Zealand honor their war dead with dawn services on Anzac Day
Hundreds of thousands of people have gathered across Australia and New Zealand for dawn services and street marches to commemorate their war dead on Anzac DayABC News - Top stories - New Zealand -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
German inflation rate holds steady at 2.2% in April
Yahoo News - World - Germany -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Even If the Fed Cuts, the Days of Ultralow Rates Are Over
Soaring budget deficits and investment needs mean the “neutral” interest rate may be higher.The Wall Street Journal - World - Federal Reserve
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