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Investors are on edge as the Fed meets after higher-than-expected inflation readings. Analysts expect cautious approach and possible rate cuts.
Inflationary environment should not come as a surprise given the growth momentum, loose financing condition and depressed jobless rate, says Larry Summers.
Blistering March inflation report shocks market, rate cut expectations drop drastically. Probability of 2024 rate cuts falls from 4 to 1.
Brazil has been reluctant about choosing sides in the war, as its new president, Luiz Inácio Lula da Silva, seeks to rebuild the country’s ties with Beijing.
American officials and The Wall Street Journal have vehemently denied the accusation that Evan Gershkovich was engaged in any kind of spying activity.