Russia's CB lowers rates amid slower inflation

Source: Dukascopy Bank SA
The Central Bank of Russian lowered the key interest rate from 7.75% to 7.50% and stated that one or more cuts are likely later in 2019, as the country faces slowing inflation and sluggish economic growth and slowing inflation.
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Fri, 14 Jun 2019 16:08:57 GMT

US business inventories up 0.5% in April

The US business inventories rose 0.5% in April, after being flat in March, as sales declined, though inventory accumulation was still anticipated to be a drag over the economic growth in the Q2, the Commerce Department said.

Fri, 14 Jun 2019 18:11:49 GMT

VW names expected Traton's IPO value

The German leading card producer Volkswagen stated on Friday that it would like to receive at least $1.7B from Traton's initial public offering (IPO).

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