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Bailey believes second-round effects are unlikely, while Pill highlights cautious stance on rate cuts

Soft economy reduces second-round inflation effects; rate cuts possible later, depending on inflation risks, says BOE officials.

The technology sector thrives, especially semiconductors, while energy stocks struggle amid fluctuating conditions

Technology stocks surge, led by semiconductors, while energy stocks decline amid fluctuating oil prices and demand concerns.

Greene suggested inflation may persist, advocating a cautious monetary policy approach amidst uncertain signals.

Persistent inflation may not decrease without intervention; monetary policy must stay strict amid above-target inflation and wage uncertainty.

The US Supreme Court’s 5-4 decision negates Trump’s freeze on foreign-aid payments authorised by Congress

Supreme Court mandates foreign-aid payments, 5-4 ruling challenges Trump’s perceived unchecked power, reinforcing judicial oversight.

USDCAD displays volatile movement, with traders eyeing key resistance and support levels for direction

USDCAD remains volatile within a consolidation zone, facing resistance at 1.4471 and support near 1.4354.

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