Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
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US inflation jumped to 4.2% in May amid Middle East energy shock
Figure marks new three-year high
Every slice of China’s bond market has now succumbed to Japanisation
A scoop of belatedly spotting something and trying to make a thing of it
How tin went from baked beans to AI gravy train
Higher prices are prompting some miners to take up their shovels
Ares raises $8.5bn for newest fund in spite of private markets woes
Commitments underscore demand for debt backed by data centres, railcars, music royalties and car leases
Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.