Central Banks Prepare for Potential Rate Cuts as Inflation Eases

Upcoming inflation reports and economic data will be crucial for June interest rate decisions across G-7 nations.

Canada's April inflation report is expected to show a slight decrease, influencing the Bank of Canada's June rate decision.
The UK, Japan, and the eurozone will also release key inflation data, shaping their respective central banks' policy moves.
Recent strong employment figures in Canada have tempered expectations of an imminent rate cut.
The US Federal Reserve is maintaining a 'higher-for-longer' stance on interest rates, contrasting with potential easing in other G-7 countries.
G-7 finance ministers and central bankers will meet in Italy to discuss the global economic outlook and diverging monetary policies.