Central banks gain confidence in lower rates as inflation fight continues
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#cf2b8919 ver:1.75

Central banks gain confidence in lower rates as they fight inflation. RBNZ expects inflation to return to target range, leading to rate cuts in New Zealand. Fed Chairman Powell sets stage for rate cuts in the US, but wants sustainable inflation progress. Market prices in 70% chance of Fed rate cut in September. Bank of Japan to trim growth forecast, maintain inflation target. China's consumer prices grow, but yuan weakens. #centralbanks #inflation #interestrates...

#newstr #CentralBanks #Inflation #RateCuts #ReserveBankOfNewZealand #FederalReserve #BankOfJapan #ChinaConsumerPrices #Yuan 

 https://here.news/story/cf2b8919?ver=1.75