29th August 2024
- Fed’s Bostic Wants More Data to Confirm Need to Cut Next Month
Atlanta Fed chief says his timeline for cuts has accelerated
Bostic remains cautious on when to begin lowering rates
https://blinks.bloomberg.com/news/stories/SIYB3TDWX2PS
- Spanish Inflation Cools to One-Year Low as ECB Set to Cut Rates
Consumer prices rose 2.4% from year ago in August; est. 2.5%
All major euro-zone economies likely to see price growth slow
https://blinks.bloomberg.com/news/stories/SIWZ9GDWX2PS
- European Car Sales Stagnate as EV Demand Plummets in Germany
Carmakers slow transition to electric vehicles amid slowdown
Weaker economy, end of subsidies weighs on German EV purchases
https://blinks.bloomberg.com/news/stories/SIXCK4T0G1KX
- Japanese Funds Are Set to Buy Most Foreign Bonds Since 2007 (1)
Weekly data point to more buying as Fed signals rate cut
Stronger yen gives Japan funds firepower to invest: Westpac
https://blinks.bloomberg.com/news/stories/SIYMYFT1UM0W
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