Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.
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German inflation eases to hotter-than-expected 2.1% in May
Economists polled by Reuters had expected the German harmonized consumer price index to come in at 2%.
Elon Musk’s RTO
Plus, Evercore signs up for SaaS analysts and on the ground at the Maga-filled crypto conference in Las Vegas
Nigeria cracks down on ‘spraying’ money at parties to defend currency
Authorities are jailing people for throwing cash at parties after 70% fall in naira’s value over two years
Commodities giant ADM exploits green fuel loophole, UK producers say
US company benefits from double subsidy on biofuels as surge in imports threatens to wipe UK ethanol industry