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Monthly archive June, 2021

New Zealand GDP Climbs 2.4% On Year In Q1

New Zealand's gross domestic product expanded 2.4 percent on year in the first three months of 2021, Statistics New Zealand said on Thursday.Original Article Read More →

Federal Reserve Estimates Point To Interest Rate Hikes In 2023

The Federal Reserve made its highly anticipated monetary policy announcement Wednesday afternoon, and while the statement was largely unchanged from the previous meeting, the central bank's latest projections now point to an increase in interest rates in 2023.Original Article Read More →

Dollar Pares Early Gains As Traders Look Ahead To Fed Policy

After gaining notable ground against its major rivals in the European session, the U.S. dollar pared its gains against most of the currencies on Tuesday, with traders looking ahead to the Federal Reserve's policy.Original Article Read More →

U.S. Jobless Claims Edge Down To Lowest Level Since March 2020

First-time claims for U.S. unemployment benefits showed a modest decrease in the week ended June 5th, according to a report released by the Labor Department on Thursday. The report showed initial jobless claims edged down to 376,000, a decrease of Read More →

U.S. Consumer Prices Rise 0.6% In May, More Than Expected

A highly anticipated report released by the Labor Department on Thursday showed consumer prices in the U.S. increased by more than expected in the month of May. The Labor Department said its consumer price index rose by 0.6 percent in Read More →

ECB Lifts Growth Forecasts, Sees Underlying Inflation ‘Subdued’

The European Central Bank on Thursday raised Eurozone growth forecasts for this year and next and said the risks to the outlook were balanced.Original Article Read More →