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Indy 500 blog: Counting down to the green flag

The 108th running of the Indianapolis 500 is just hours away from beginning its course around the track at IMS.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

XAI Octagon Floating Rate & Alternative Income Trust has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares , payable on June 3, 2024, to common.

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

Fed's preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid. Friday's report from the government showed that prices rose 0.3% from February to March, the same as in the previous month. It was the third straight month that the index has run at a pace faster than is consistent with the Fed's 2% inflation target.

Japan inflation to slow slightly, but cost-push pressures drag on consumption: Reuters poll

Japan's annual core consumer price growth is expected to have slowed slightly, a Reuters poll showed, but persistent cost-push pressures kept inflation at or above the central bank's 2% target for two years and remained a drag on household consumption. The core consumer prices index (CPI), which excludes fresh foods but includes oil products, is expected to rise 2.6% year-on-year in March, after a 2.8% gain in the previous month, according to the forecast of 18 economists. The Ministry of Internal Affairs and Communications will release the data on April 19.