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Global Economic Outlook: Rates Steady, Inflation Rising

6/16/2025

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Summary

Story summary

China's unemployment rate is projected at 5.1%, with the NY Empire State Manufacturing Index rebounding to 4.
The Bank of Japan is expected to maintain its interest rate at 0.5%, while U.S. retail sales may rise by 5.2% YoY.
UK inflation could increase to 3.6% YoY, with the Fed likely to hold rates at 4.5%.
The Swiss National Bank may cut rates to 0%, while the Bank of England is expected to keep rates at 4.25%.
Canada's PPI is forecasted to rise by 2.7% YoY, indicating higher input costs.

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Story summary

China's unemployment rate is projected at 5.1%, with the NY Empire State Manufacturing Index rebounding to 4.
The Bank of Japan is expected to maintain its interest rate at 0.5%, while U.S. retail sales may rise by 5.2% YoY.
UK inflation could increase to 3.6% YoY, with the Fed likely to hold rates at 4.5%.
The Swiss National Bank may cut rates to 0%, while the Bank of England is expected to keep rates at 4.25%.
Canada's PPI is forecasted to rise by 2.7% YoY, indicating higher input costs.