Inflation falls to lowest level in over a year
Monthly inflation also fell for the first time in nearly two years
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Monthly inflation also fell for the first time in nearly two years
Good morning, friends. In an unusually quiet morning in the international business press, it’s not much different over in Egypt…
The Turkish central bank has raised interest rates 41.5% since June 2023
The bank expects the central bank to start cutting rates in 3Q 2024
The MPC cited a slowdown in growth rates and cooling inflation
All 11 of the analysts and economists we surveyed expect the MPC to hold rates steady
US inflation cooled to 3.4% in April, coming in below analyst expectations
On a monthly basis, food prices fell 0.9%
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