Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
The one-year inflation outlook took a substantial dip, down to 3.2% — a 0.4 percentage point decrease from April.
Economic news
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Japanese hotel group plans to buy $5bn of bitcoin
Metaplanet mimics US company Strategy with ambition to hold 1% of world’s biggest cryptocurrency
Japanese hotel group’s shares soar on plan to raise $5bn to buy bitcoin
Metaplanet mimics US company Strategy with ambition to hold 1% of world’s biggest cryptocurrency
Asset Management: Big investors shift away from US markets
Plus, Cliff Asness embraces AI, junk bond sales surge, and David Hockney at Hazlitt Holland-Hibbert