The European economy has slogged through quarter after quarter of near-zero growth
Economy performing better than expected, pushing out Fed action
U.S. corporates' interest coverage continued decline in Q1
Moderate price growth is forecast, and arrears is expected to rise slightly
Monthly increase means central bank could pause at July meeting
Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending
Easing financial conditions cushion impact of slowing global economy
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds
The central bank kept its rate steady even though inflation has fallen to its 2% target
Fund manager survey finds investor sentiment growing gloomy