Bank of England meets on Thursday, unlikely to signal rate cuts
Reserve Bank of Australia could maintain a higher-for-longer stance
Elsewhere, Bank of...
Summary
The employment situation report for April kicked off the second quarter with signs that the labor market is cooling. Nonfarm payrolls increased by 175K...
Markets
Yields this morning cautiously continued the downtrend after Powell’s rather mild assessment at the press conference on Wednesday. The Fed chair indicated that, despite...