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US Fed official says open to July interest rate cut

A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald Trump’s sweeping tariffs remain limited. The comments…

Europe: Stocks fall in wake of US-Iran tensions

EUROPEAN stocks stumbled on Monday. The pan-European Stoxx 600 index closed 0.28 per cent lower at 535.03, after touching its lowest level in over a month earlier in the session. Other…