Cleveland President Loretta Mester told Bloomberg TV yesterday, the June inflation report was “uniformly bad”. “There was no good news in that report at all,” she said. “We at the Fed have to be very deliberate and intentional about continuing on this path of raising our interest rate until we get and see convincing evidence […]
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Nothing beats a warm cup of coffee in the morning, especially Read more…
Asian Market Wrap Markets are on the backfoot this morning as US tariffs and trade tensions are once again in focus, denting risk appetite. The Asian session reflected this with risk assets struggling while haven Read more…
UK manufacturing activity remained in contraction in May, with PMI finalized at 46.4, up modestly from April’s 45.4. The data indicate that the sector continues to face “major challenges,” according to S&P Global’s Rob Dobson, Read more…