In an interview with RTTNews, Ken Goldstein, an economist at The Conference Board, previews what to expect out of this week's data. This week, attention will shift from what's going on in Europe to the health of the US economy says Goldstein. ""We seem to be continuing to bump along in the slow lane; we're not at a standstill, we're not stuck in heavy traffic, but we clearly are not out on the expressway," he explains.
The key this week will be the housing reports.
To listen to the complete interview, visit: http://www.rttnews.com/Media/AudioArchive.aspx?category=Interviews&Node=B10
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.