The economic activity in the US service sector continued to expand an accelerating pace in February, with the ISM Services PMI rising to 53.5 from 52.8 in January.
While testifying before the U Treasury Select Committee on Wednesday, Bank of England (BoE) policymaker Megan Greene said it is appropriate to maintain a cautious and gradual approach to removing monetary restrictiveness, as reported by Reuters.
The European Union's Markets in Crypto-Assets (MiCA) regulation is transforming the continent's digital asset landscape, with early impacts already visible in market shifts.
In an interview with Bloomberg TV on Wednesday, US Commerce Secretary Howard Lutnick said that they will make an announcement on Canada and Mexico tariffs later in the day, adding that they will be "in the middle somewhere." Key takeaways "If Canada can stop fentanyl, US President Donald Trump is open-minded." "Trump is thinking about what sectors he can maybe consider giving Canada relief." "Trump will make the decision.
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