(Bloomberg) -- Mexico’s central bank kept borrowing costs unchanged Thursday after inflation reaccelerated last month, taking the remote possibility of a second straight interest rate cut off the table.Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatBanxico, as the central bank is kno ..read more

(Bloomberg) -- Peru cut interest rates to a two-year low after inflation returned to its target range for the first time since 2021. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatThe central bank reduced its key rate to 5.75% on Thursday, as forecast by 10 out of 13 analysts in a Bl ..read more

(Bloomberg) -- Climate activists who successfully pushed President Joe Biden to halt new US liquefied natural gas exports are setting their sights on proposed crude oil shipping facilities, after the administration approved a massive petroleum terminal last month. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally G ..read more

(Bloomberg) -- A fresh burst of US oil exports is once again depressing prices of physical crudes from Europe to West Africa, offering a potential relief to consumers as the peak demand season is fast approaching. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatObserved shipments towa ..read more

The British economy bounced back strongly in the first three months of the year, bringing to an end to what economists termed a “technical recession”, official figures showed Friday. The Office for National Statistics said the economy grew by 0.6% in the first quarter from the previous three-month period, with broad-based strength across the crucial services sector in particular. Despite the quarterly increase, the British economy has barely grown over the past year ..read more

(Bloomberg) -- Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatThe Stoxx 600 ad ..read more

(Bloomberg) -- Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week. Most Read from BloombergApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVBiden Set to Impose Tariffs on China EVs, Strategic Sectors‘Seriously Underwater’ Home Mortgages Tick Up Across the USMarjorie Taylor Greene Finally Got What She Deserved: DefeatThe Stoxx 600 ad ..read more

Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a quarter percentage point this year and next as U.S. inflation and the labor market remain resilient. Bond investors look to SOFR futures, among other indicators, to gauge expectations on Fed policy rates. SOFR, currently at 5.31%, measures the cost of borrowing cash overnight in money markets collateralized by U.S. Treasuries ..read more

(Bloomberg) -- German inflation accelerated for the first time since December, highlighting warnings by the European Central Bank that there’ll be bumps on the path back to the 2% target. Most Read from BloombergTesla Soars on Tentative Approval for Driving System in ChinaMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Sparks Intervention Suspicion After U-Turn From 1990 LowsStocks Trade for 390 Minutes a Day ..read more

(Bloomberg) -- Last year, the demand for loans from fossil-fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022.Most Read from BloombergTesla Soars on Tentative Approval for Driving System in ChinaMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Sparks Intervention Suspicion After U-Turn From 1990 LowsStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterFrom a climate perspe ..read more