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Goldman Sachs: If US recession occurs, it will likely be on the shallow end due to private sector balance sheets in better shape than at end of previous business cycles, and inflation isn't as entrenched as high inflation episodes of 1970s/early 1980s
Published: June 24, 2022 by Business Insider
Moody's affirms US' Aaa rating, citing country's emergence from pandemic shock with 'exceptional' economic strength; economy expected to remain resilient to shocks, including challenges from inflation, tightening financial conditions, Russia-Ukraine war
Published: June 24, 2022 by Reuters
Average UK shopping bill rises to £380 as grocery price inflation jumps to 8.3% over four weeks ended June 12; however, latest numbers show market is to an extent returning to pre-Covid norms: Kantar
Published: June 24, 2022 by Macclesfield Express
Bank of Mexico increased its prime interest rate by 75 basis points to 7.75%; decision comes as inflation remains high, hitting an annualized rate of 7.88% in the first half of June
Published: June 24, 2022 by Associated Press
Forest2Market: US homebuilding down to 13-month low in May, and prices for finished softwood lumber followed suit as housing market cools; uncertainty keeps plaguing lumber producers in business climate still dominated by inflation, stressed supply chains
Published: June 24, 2022 by Forest2Market Inc.

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