A private gauge showed China’s manufacturing activity expanded at a slower pace in May, marking a sixth straight month of expansion amid easing, though still elevated, inflationary pressures.
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The board of governors voted 3-2 to reduce the overnight interest-rate target by a quarter of a percentage point to 6.5%, a four-year low. Source […]
Plus, a geothermal power play and Iran confusion. Source link
China agreed to purchase 200 Boeing jets and resume imports of some U.S. beef products, marking one of the clearest signs yet of easing trade […]
