Central banks expected to keep rates unchanged, Chinese data mixed, US retail sales expected to rise 0.3%.

From Investing.com: 2024-06-14 09:06:00

The PBoC is expected to keep the MLF rate unchanged at 2.50% while maintaining the 1-year and 5-year Loan Prime Rates at 3.45% and 3.95% on Monday. Chinese economic data for May shows softer consumer price growth and varied inflation data, with industrial output at 6.4% and urban investments at 4.2%. The RBA is anticipated to keep rates unchanged at 4.35% on Tuesday, with recent data showing mixed results in Q1 GDP and Q2 inflation. US retail sales for May are expected to rise 0.3% MoM, with consumer spending showing soft but stable momentum according to Bank of America’s data.



Read more at Investing.com: Week Ahead: Highlights Include BOE, SNB, US Retail Sales