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Fed Chair Kevin Warsh said the Federal Reserve will embark on a new course.

2026-07-01

Fed Chair Kevin Warsh said the Federal Reserve will embark on a new course.

Other News
2026-07-01

Eurozone manufacturing PMI showed output ended 1H on a strong note, capping the strongest quarter since early 2022. June PMI slipped to 51.4 from 51.6 in May, a four-month low but the fifth consecutive month above 50.0 and slightly above the prelimin

Eurozone manufacturing PMI showed output ended 1H on a strong note, capping the strongest quarter since early 2022. June PMI slipped to 51.4 from 51.6 in May, a four-month low but the fifth consecutive month above 50.0 and slightly above the preliminary 51.3. Export weakness pulled overall activity growth to its weakest since February, but continued manufacturing output growth and a marked easing in cost pressures—mainly due to a sharp fall in oil prices and reduced supply concerns—gave factories some relief and helped offset recent service weakness.
2026-07-01

S&P Global's final June manufacturing PMI showed output and order growth further improved, continuing the expansion seen since the Middle East conflict began, S&P Global chief business economist Chris Williamson said. Firms cut employment sharply to

S&P Global's final June manufacturing PMI showed output and order growth further improved, continuing the expansion seen since the Middle East conflict began, S&P Global chief business economist Chris Williamson said. Firms cut employment sharply to offset rising energy and raw-material costs. While easing Middle East tensions eased some supply delays and price pressures, these issues remained widely reported. Business sentiment fell sharply despite retreating energy prices and improved shipping, in part reflecting concern that sales may slow as wartime inventory accumulation unwinds.
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