The central bank’s board voted unanimously to leave the overnight interest-rate target at 6.5%, and reiterated that they expect to stay on hold for the foreseeable future.
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Bank of Mexico Leaves Benchmark Interest Rate Unchanged
German Consumer Sentiment Stabilizes at Subdued Level
Income expectations picked up, but only slightly, and consumers remained less optimistic about their financial future than before the Middle East conflict. Source link
U.S. Housing Starts Fell Sharply in May
Housing starts fell 15.4% in May to 1.177 million, significantly below economists’ expectations of a 2.4% decline. Source link
U.S. Housing Starts Rose in March
Housing starts, a gauge of new residential construction, rose 10.8% in March to 1.502 million. Source link