Inflation Comes in Hotter Than Expected at 3.5% in March

The CPI report raises further questions about how much the Fed will be able to cut interest rates this year. 


 
Mortgage rates surpass 7%, reaching highest level in over a month

Mortgage applications rose 0.1% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.01%. 


 
Germany Passed its First Chinese Test-This One Is Trickier

The "China Shock 2.0" is the latest threat to the German model. Yet economic policy is in a paralysis: Unlike in the 2000s, the country's different corporate interests are no longer aligned. 


 
Stock Futures Improve Ahead of Inflation Data

Futures tied to the S&P 500, the Nasdaq-100 and the Dow industrials rose a tad before March consumer-price index data. 


 
European Central Bank to stand pat this week but faster-than-the-Fed rate cuts may hit euro

The European Central Bank is expected on Thursday to leave interest rates at record highs but to imply that a cut in borrowing costs is likely by the summer 


 
4 things Wall Street will watch for when the Fed releases minutes of March meeting

Here's what investors will be watching for when the Federal Reserve releases minutes of its March policy meeting. 


 
Banks Strike Back Against Private Credit

Wall Street banks are gaining back ground against nonbank lenders. 


 
Bank of Thailand Stands Pat Despite Sluggish Economy

Thailand's central bank kept its policy rate unchanged despite a slow economic recovery and weak inflation. 


 
A Safe, Profitable Bet on the Green Transition

Midstream energy companies are especially attractive given how difficult it has been to add pipeline or storage capacity. 


 
Hamas Balks at U.S. Plan for Temporary Gaza Truce

Wide disagreements remain between the group-which plans to propose its own plan for a cease-fire-and Israel, which is seeking options to continue its military campaign once a cease-fire expires.


(END) Dow Jones Newswires

04-10-24 0915ET