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Fed s Bullard calls for rates to rise to 5 5-5 75% - Reuters

A top US central bank official said that the Fed funds rate should rise to 5.5-5.75%.

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Chinese Q1 GDP growth beats forecasts

Economic activity in the People's Republic of China accelerated by more than expected at the start of 2023, leading some economists to bump up their forecasts for full-year growth.

Julian evans pritchardDuncan wrigleyNational bureau of statisticsNational bureauCapital economicsPantheon macroeconomicsCategory allCategory economic newsCategory currenciesCategory bondsCategory international economicCategory headline newsMostread commodities news

Bank of America Q1 results buoyed by strong net interest income

Bank of America beat analysts' estimates for its first quarter, buoyed strong net interest income.

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US Empire State manufacturing index jumps in April

Factory sector activity in the Federal Reserve Bank of New York's district improved sharply in April, the results of a survey revealed.

New yorkUnited statesFairfield countyPuerto ricoNew jerseyKieran clancyMichael pearceEmpire stateDow jones newswiresPantheon macroeconomicsCategory allCategory market reportCategory economic newsCategory currenciesCategory bondsCategory international economic

BofA says UK inflation set to slide, but rate cuts not imminent

Economists at Bank of America forecast that UK consumer price gains would slide from a rate of 10.4% for February to 3.8% by October.

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