-- Spanish inflation quickened for a third month as the rollback of government support to contain energy crisis continued to push prices higher.May’s reading came in at 3.8% from a year ago, data published Thursday showed. That’s up from 3.4% in April and is a little higher than the 3.7% median estimate in a Bloomberg survey of economists.The numbers follow a similar acceleration in Germany, where last year’s introduction of a cheap public-transport ticket drove price growth to 2.8% this month.
Markets are fully pricing two reductions this year, with a one-in-three chance of a third. ECB Chief Economist Philip Lane said last week that monetary policy will need to remain restrictive for the rest of 2024. The one man perhaps even more anxious for a verdict in the Trump hush-money trial than Donald Trump himself is Todd Blanche. Trump has already reportedly expressed his frustration with Blanche, his latest defense attorney, and if he loses, Trump’s modus operandi is to go on the offensive. That’s because there are two types of people in Donald Trump’s personal orbit: those who have been publicly trashed by the former president, and those who will be.“There is no public client quite like Mr.
Poland's defense ministry called the "east shield" the largest operation to strengthen the eastern flank of NATO since the end of World War II.