Fed's Kugler: Higher than expected tariffs likely to send prices higher

Federal Reserve Board Governor Adriana Kugler said late Tuesday that with US import tariffs significantly larger than expected and likely to put upward pressure on prices, the Fed ought to keep short-term borrowing costs unchanged until inflation risks recede, per Reuters.
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Australia Judo Bank Manufacturing PMI: 51.7 (April) vs previous 52.1

Australia Judo Bank Manufacturing PMI: 51.7 (April) vs previous 52.1
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