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Prices of products shipped overseas have been falling at the fastest rate since 2008 crisis
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Policymakers had begun laying the ground for interest rate cuts, but strong US labour data shows pressure on prices has not yet abated
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...The 1957 watercolour and pencil work “Martin Luther King Jr”, by Time Magazine illustrator Boris Chaliapin, is held in the National Portrait Gallery at the Smithsonian in Washington, DC....
Economists debate whether the real interest rate seen as key to balancing economies has risen from pre-Covid lows
...Additional reporting by Claire Jones in Washington and Stephanie Stacey in London...
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