Sticky Inflation Means the European Central Bank Could Be Far from A Policy Pivot
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U.S. Inflation Could Be Getting Less Sticky
There are signs that U.S. inflation might be getting less sticky, Piper Sandler economists write in a note.The Wall Street Journal - World -
Argentina’s central bank lowers interest rates as inflation cools
Financial Times - World - Argentina -
Wholesale inflation surges again, PPI shows, leaving Inflation still sticky
U.S. wholesale prices jumped 0.5% in April in another sign of sticky inflation.MarketWatch - Business - Inflation -
How one popular bond ETF is navigating sticky inflation fears to outperform
The U.S. bond market has been navigating a rough past few years, with the potential for a pickup in volatility on Wednesday as investors await a fresh reading on inflation.MarketWatch - Business -
Malaysia won't use interest rates to prop up the ringgit, says central bank deputy chief
Bank Negara's Adnan Zaylani Mohamad Zahid said the country's monetary policy decisions will be determined by economic growth and the inflation outlook.CNBC - Business -
Right-wing Israelis block aid to Gaza coming from the West Bank
Yahoo News - World - Israel -
Banks breaks from the Senate GOP's well-heeled candidate trend
Politico - Politics -
Breaking Up Anglo American Now Could Mean Merging It Later
Anglo American’s plan to sell off assets and strengthen its balance sheet would likely make it an even more attractive acquisition.The Wall Street Journal - World -
What Maryland’s ‘bitter & expensive’ primary could mean for control over the Senate
Maryland’s Democratic Senate primary is shaping up to be one of the most expensive races in the country. NBC News Capitol Hill Correspondent Julie Tsirkin explains how former Governor Larry Hogan’s (R-Md.) candidacy is making that race competitive.NBC News - Politics -
SoftBank Is Pivoting to AI. Is It Already Too Late?
After bankrolling startups with crazy valuations, the tech kingmaker is hoping that its majority ownership of chipmaker Arm can spearhead a 'new ecosystem' in AI.Inc. - Business -
Jimmy Dunne resigns from PGA Tour policy board nearly one year after orchestrating deal with LIV Golf backers
Dunne had been a member of the PGA Tour policy board since the start of 2023CBS Sports - Sports -
Court convicts German far-right politician of using Nazi slogan
Yahoo News - World - Germany -
Defence in trial of far-right politician calls for acquittal
Yahoo News - World -
European Union 2024 Election: What to Know
Voters in all the 27 countries that make up the European Union are heading to polls in June to choose their representatives in the European Parliament.The New York Times - World - Europe -
In European tech, regulation vs innovation is a spurious debate
The rulebooks that matter most to success in tech innovation probably are not regulatory onesFinancial Times - Business -
Inflation’s rental risks
The US and UK need to see a moderation in the price of home leasesFinancial Times - World -
Pickup Driver Arrested After Crash With Migrant Worker Bus in Florida Kills 8
Forty others were taken to hospitals, and the driver of the pickup truck that collided with the bus was charged with D.U.I. manslaughter, the authorities said.The New York Times - Top stories - Florida -
Unite against the right, urges EU far-left leader
Also in this newsletter: the warming ties between Greece and TurkeyFinancial Times - World - European Union -
German Court Fines Far-Right Leader for Using Nazi Phrase
Björn Höcke, a state leader of the nationalist Alternative for Germany party, used the phrase “Everything for Germany,” a slogan of the Nazi paramilitary wing, during a campaign stop.The New York Times - World - Germany -
Leadership changes in far-right German party after spying allegations
Yahoo News - World -
Jail term demanded for far-right German officer who spied for Russia
Yahoo News - World - Germany -
Far-right German politician fined over use of banned Nazi slogan
Yahoo News - World - Germany -
German far-right politician Björn Höcke guilty of using Nazi slogan
Yahoo News - World - Germany -
How FERC Became a Linchpin for Climate Policy
The Federal Energy Regulatory Commission voted 2-to-1 in a partisan split on Monday on a new rule that could help speed up wind and solar energy.The New York Times - Top stories - Climate -
Can banks really fix the climate crisis?
New research suggests that their green commitments are not paying off yetFinancial Times - Business - Climate -
Nikkei Up 1.0%, Led by Electronics, Bank Stocks
Japanese stocks were higher, led by gains in electronics and bank stocks, amid continued hopes for Fed rate cuts later this year.The Wall Street Journal - World