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(Bloomberg) -- A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceVoters Prefer Trump Over Biden on Economy. This Data Shows WhyZyn Shortag

Turkey’s central bank probably won more time before having to consider another increase in interest rates, a month after surprising markets with a big hike and delivering additional tightening since then. | World News

It's a big week for data as the Bank of Canada releases its summary of deliberations the Fed's top measure of inflation comes out. Read on.

It's a big week for data as the Bank of Canada releases its summary of deliberations the Fed's top measure of inflation comes out. Read on.

(Bloomberg) -- Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest rates higher for longer than previously anticipated.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTikTok Divest-or-Ban Bill Expected to Become US Law in Da