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When will the Bank of Japan next raise interest rates?
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Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Fed’s Bowman says she’s still willing to raise rates
“I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on inflation has stalled or reversed,” Fed Governor Michelle Bowman said Friday.MarketWatch - Business -
When is the next general election?
The next UK general election has to be held by 28 January 2025, but could take place earlier.BBC News - Top stories -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World
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US labour market undershoots forecasts with 175,000 new jobs
Non-farm payrolls figure for April indicates US economy is cooling and bolsters expectations for rate cuts this yearFinancial Times - World -
Kenya brings in emergency measures to combat ‘unprecedented’ floods
More than 200 dead and 160,000 displaced as torrential rain wreaks havoc in east African countryFinancial Times - World -
South Korea cracks down on ‘shrinkflation’
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Trump’s dot plot for the Fed
The former president nominated Jay Powell, and to him there are few things worse than having loyalty betrayedFinancial Times - World - Donald Trump