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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