The Federal Reserve’s April meeting minutes revealed a central bank increasingly divided over how long interest rates may need to stay elevated as inflation risks tied to tariffs and the Middle East conflict continue building. The meeting exposed one of the sharpest internal policy splits in decade, with four dissenters and underscored the growing influence […]
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The Aussie tried to rally on improving global sentiment. Australia’s economy had other ideas. AUD/USD bounced earlier today as markets reacted positively to signs that Washington and Tehran may be moving closer toward a diplomatic Read more…
Australia’s labor market weakened sharply in April as employment unexpectedly contracted and the unemployment rate climbed to its highest level since 2021, reinforcing signs that higher interest rates and slowing demand are beginning to weigh Read more…
Japan’s private sector growth slowed in May as momentum weakened across both manufacturing and services activity, though the economy continued expanding overall thanks to resilient factory output. Flash Japan Composite PMI Output Index eased from Read more…