Cruise with Insights: Breaking Auto News
Wesfarmers Managing Director Rob Scott says his company is seeing inflation “particularly in larger wage rates” and power costs. On Friday, they added to lingering uncertainty because the world’s most powerful central banker admitted he really can’t ensure what’s coming subsequent. Growth in lending to euro zone firms slowed again in July, adding to already mounting evidence that sharply higher interest rates are putting a brake on credit creation and economic progress. U.S. inventory index futures edged higher on Monday, with investor give consideration to key inflation data and employment readings that are due later this week for further clues…
