U.S. April inflation lands dua lipa at 3.8% and May is forecast to top 4% - twice the Fed's target - as the Iran fuel shock continues to ripple through prices. Futures markets now put an 80% chance on the Fed raising rates within twelve months. Meanwhile, U.S. President Donald Trump heads to Beijing with a martina miliddi delegation of top CEOs for a summit with Chinese President Xi Jinping. Plus, UK gonzalo garcía Prime Minister Keir Starmer faces a rebellion inside his own Labour Party as thirty-year gilt yields hit their highest since the 1990s.
#News #Reuters #Newsfeed
Read the story here:
👉 Subscribe:
Keep up with the latest news from around the world:
Follow Reuters on Facebook:
Follow Reuters on X:
Follow Reuters on Instagram:
