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Inflation cools off for the first time in three months
Car prices fell 4.6% y-o-y in June
Inflation holds steady for third consecutive month
Amid a 10.5% surge in Housing rents
US inflation slips in May, boosting hopes of more rate cuts this year despite policymakers signaling one rate cut
Plus: EY’s UK head steps down
Turkey’s inflation hits 75.5% in what is believed to be the peak before a slowdown
The Turkish central bank has raised interest rates 41.5% since June 2023
Traders send US stocks to record high after promising inflation data
US inflation cooled to 3.4% in April, coming in below analyst expectations
Inflation was unchanged in April 2024
Producer prices rose 3.4% y-o-y last month
European Central Bank will likely cut rates this summer
The ECB kept rates unchanged when it met last Thursday
Inflation cooled on an annual basis in March 2024
Producer prices rose 3.8% y-o-y in March 2024
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