Public statements by Federal Reserve officials in recent days remains unified in forecasting that the recent deceleration in a key measure of core inflation is “transitory.” The first reality check on that outlook via hard data is scheduled for this Friday’s April report for the Consumer Price Index (CPI).
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White House plans to raise tariffs on Chinese goods: WSJ
China vice premier will attend trade talks in US: Reuters
Treasury Sec refuses House demands for Trump’s taxes: Politico
Mynamar releases two Reuters journalists: Reuters
German factory orders post slight improvement for March: Bloomberg
Japan Mfg PMI: growth returned in April, just barely: IHS Markit
Sluggish global economic growth eased to 3-month low in April: IHS Markit