If the Bank of England’s decision on Thursday to leave interest rates unchanged is a guide, the outlook for the start date for a US rate cut may be further down the line than generally assumed.
Daily Archives: June 21, 2024
Macro Briefing: 21 June 2024
* Eurozone recovery in June slows for first time in 4 months: PMI survey
* Citigroup predicts banking sector will suffer the most with AI-related job losses
* Bank of England leaves rates unchanged despite inflation falling to 2% target
* Electric vehicle sales slump in Europe, driven by demand slide in Germany
* US jobless claims eased last week after three straight weekly increases
* US housing starts drop to four-year low in May:
