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Eurozone inflation slows sharply in May
Eurozone inflation slows sharply in May
by  AFP

Inflation in the eurozone eased in May to its lowest level in eight months, back below the European Central Bank's two-percent target, further raising expectations for another interest rate cut this week. The ECB is expected to deliver its seventh-straight interest rate cut Thursday as the United States' volatile trade policies hang over the sluggish eurozone economy.

Trump, Xi will 'likely' talk this week: White House
Trump, Xi will 'likely' talk this week: White House
by  AFP

US President Donald Trump and China's President Xi Jinping will likely hold a long-awaited call later this week, the White House said Monday, as trade tensions between the world's two biggest economies ratchet back up.