Reported 4 months ago
In May, Europe saw inflation rise more than expected, with the European Central Bank still anticipated to cut interest rates. Meanwhile, in the US, underlying inflation moderated and consumers reduced spending, supporting potential rate cuts. Charts this week also highlight Sweden's economic growth, higher inflation for Britain's wealthy, and the IMF's raised forecast for China's economy. Insights on Japan's energy challenges and changes in Argentina's exploration policies are also covered, among other global economic developments.
Source: YAHOO