Bloomberg The weak US May jobs report pushes the Federal Reserve closer to cutting interest rates, though maybe not all the way just yet. While a reduction when policy makers meets later this month can’t be ruled out, Fed watchers said their base case is for the central bank to stand pat. But they said the abrupt slowdown in payrolls …

Bloomberg China’s central bank governor said there’s “tremendous” room to adjust monetary policy if the trade war deepens, joining counterparts in Europe and the US in displaying readiness to act to support the economy. In an exclusive interview with Bloomberg in Beijing, People’s Bank of China (PBOC) Governor Yi Gang also signalled that he’s not wedded to defending the nation’s …

Bloomberg Canada may have just printed its lowest unemployment rate since at least 1976, but two big North American banks are now forecasting its central bank to cut rates. JPMorgan Chase & Co. reduced its forecast for Canadian growth in the third and fourth quarters of this year to 1.5 percent from 2.25 percent and expects the Bank of Canada …