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At an annual rate of 3. 4 in april, down from 3. 5 in march. It doesnt sound much of a drop, but it was the first time this year that inflation has fallen as expected, suggesting the fed could finally be winning the battle against soaring prices. Heres erin delmore in new york. A banner day on wall street with all three major indexes closing at record highs. Thats right the dow, the s p 500 and the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate
Of surgery to save his life following an apparent assassination attempt. Local media reported that the Prime Minister had regained consciousness. The deputy Prime Minister, tomas taraba, told the bbc that the operation had gone well and he expected mr fico to survive. The Prime Minister was shot several times as he was leaving a Government Meeting in what the Interior Minister described as a politically motivated attack. The deputy Prime Minister of slovakia accused opposition parties of using false narratives to paint the Prime Minister almost as a monster. In sliver you, we won two elections. In october we had parliamentary elections, so we have stabilised support of the public. In slavonic. Also international politics, speak about a false narrative that we want to leave the European Union and join the cooperation with russia and i dont want these false narratives and of course people from the other side lost the election sometimes, they believe in these narratives, they can become a