interest rate

A spike in the prices of certain items contributed to a 3.5 percent annualized rise in consumer inflation in June

The U.S. dollar index was down 0.1 percent, making greenback-priced bullion more affordable for overseas buyers

This decision follows eight cuts since June last year as trade relations with the U.S. remain unclear

Treasury Secretary hints at meeting with China, suggesting possible extension of August tariff deadlinesÂ
