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A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid. Friday's report from the government showed that prices rose 0.3% from February to March, the same as in the previous month. It was the third straight month that the index has run at a pace faster than is consistent with the Fed's 2% inflation target.

Lenders respond over views the Bank of England may not cut interest rates as quickly as forecast.

(Bloomberg) -- Policymakers at the Bank of Ghana on Monday are expected to keep interest rates unchanged to tame inflationary pressures stemming from a slide in the cedi.Most Read from BloombergUS Homebuyers Expecting $10,000 Savings Face Tough RealityHarassment and Drugs Plagued a Citigroup Division for YearsFed’s Powell Ready to Support Job Market, Even If It Means Lingering InflationGucci’s China Shock Reverberates Across the Luxury LandscapeThe cedi has lost about 5% of its value against the

(Bloomberg) -- Thailand’s prime minister pledged to keep up his campaign to pressure the central bank into a rate cut, fueling a buildup of market sentiment that the dispute will result in monetary easing.Most Read from BloombergNvidia Surges After Company Proclaims AI Has Hit 'Tipping Point'Biden Touts $1.2 Billion in Student Loan Relief With Eye to 2024Tech Up in Late Hours on Nvidia’s Bullish Outlook: Markets WrapChina Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will B

“I also suggested that the company liquidate some growth stocks and either keep the proceeds in cash or invest it in value stocks.”