Inflation Cools, Bitcoin Rises but Interest Rate Cut Odds Still at Zero

The United States Bureau of Labor Statistics (BLS) published the Consumer Price Index (CPI) data for March, showing a 0.9% month-over-month rise in headline CPI inflation. CPI inflation is up 3.3% year-over-year, according to the BLS report published Friday. Although inflation came in slightly lower than analyst expectations, inflation remains elevated above the Federal Reserve’s…

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US 'failed to gain the trust' of Iranian officials in ceasefire talks: Parliament leader

Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament, said Sunday that U.S. officials “failed to gain the trust” of their Iranian counterparts after peace talks in Islamabad, Pakistan collapsed. “Before the negotiations, I emphasized that we have the necessary good faith and will, but due to the experiences of the two previous wars, we……

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