United States Factory Orders (MoM) below expectations (-3%) in April: Actual (-3.7%)

United States Factory Orders (MoM) below expectations (-3%) in April: Actual (-3.7%)
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Fed’s Bostic: The best approach for monetary policy is patience

Atlanta Federal Reserve President Raphael Bostic indicated that a robust economy provides the US central bank with the opportunity to consider the effects of tariffs on inflation and growth, while also expressing openness to the potential for a single interest rate cut later this year.
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