The Weekly Bottom Line: Consumer Updraft Supports Hawkish BoC

<p>U.S. Highlights Housing starts rose 21.7% month-on-month (m/m) in May, hitting its highest level in 13 months as both single-family and multi-family construction picked up. Existing home sales grew 0.2% m/m in May with elevated mortgage rates and limited supply continuing to act as headwinds. FOMC Chair Powell reiterated his expectation that rates would need […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/featured/507107-the-weekly-bottom-line-consumer-updraft-supports-hawkish-boc/">The Weekly Bottom Line: Consumer Updraft Supports Hawkish BoC</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>