(Bloomberg) — Wall Street traders sent stocks and bonds sliding after another hot inflation report signaled the Federal Reserve will be in no rush to cut rates this year. Oil climbed as geopolitical jitters resurfaced. Equities extended their April losses, with the S&P 500 down about 1% as the consumer price index beat forecasts for…
The Euro Area successfully avoided a recession in 2023 after Britain s biggest trading partner reported flat GDP growth for the final quarter of the year.