INT
Core PCE path supports a US rate cut this year
Core PCE inflation eased to 2.6% in May, the weakest since March 2021
United StatesSoft landing for global economy but many risks persist
The BIS signals that while a soft landing remains on track, monetary and fiscal policy will be historically tight ahead
InternationalExport orders signal very modest world trade recovery
The manufacturing PMIs for June showed export orders falling markedly in the euro-area, UK, Japan and ASEAN
InternationalEarly releases suggest little change in euro-area CPI
Spain, France and Italy reported few changes in consumer price inflation (CPI) in June
EUDigitally delivered services will grow rapidly
The WTO and World Bank have held a three-day meeting to help developing economies trade more in digital services
InternationalUK financial solidity risks linger despite bank health
The UK Financial Stability report praises bank health but highlights the risk of an asset-price correction
United KingdomSocial media will alter the retail investing landscape
Social-media investors again bought up GameStop shares after Keith Gill -- ‘Roaring Kitty’ -- returned to social media
United States