Reported 11 months ago
The European Central Bank reduced interest rates, moving away from a record high but without hinting at more cuts, while US payrolls saw significant growth in May. Meanwhile, India's election reflected discontent, the ECB observed accelerating euro-zone pay, and the US reported an increase in nonfarm payrolls. Other developments included India's economic challenges, Turkey's inflation hike, and positive economic indicators in China and South Korea. Several central banks, including Canada and India, made rate decisions, as multiple countries faced economic ups and downs.
Source: YAHOO