expect China's central bank to cut the borrowing cost of medium-term policy loans for the first time in 10 months on Thursday, following a reduction in a short-term policy rate.showed prices barely rose in May, with just a 0.1% increase from the prior month. On an annual basis, consumer prices rose 4%, the smallest in more than two years, slowing from April's 4.9%.
Perhaps reflecting some of those concerns, two-year Treasury yields hit 4.7070% overnight, the highest since March, before easing 4 basis points to 4.6519% in Asian hours. in the three months to April could complicate matters for the Bank of England, which is set to debate its monetary policy decision next week.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: wjxt4 - 🏆 246. / 63 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »