Asia Financial on Nostr: nostr:note1rg3dfku7mukkstcu6qg5eecref6jpp43lnncensapfdwt2ymy4qqhtsahm

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US Economy Cools in April Amid Mixed Inflation Signals, China's Manufacturing and Services Activity Slows
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#77be0b89 ver:0.52

The US economy experienced a cooling of business activity in April, with weaker growth in both the manufacturing and services sectors. Despite the cooling, rates of inflation eased slightly. The Federal Reserve is expected to leave its policy rate unchanged. In China, both manufacturing and services activity slowed in April, but manufacturing activity grew more quickly as new export orders rose. Analysts expect Chinese authorities to launch more stimulus to support the economy. #US #economy #inflation #China #manufacturing #services...

#newstr #UsEconomy #PmiData #InflationSignals #China'sManufacturingAndServicesActivity #ChineseEconomy #Stimulus

https://here.news/story/77be0b89?ver=0.52