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Argentina devalues peso, slashes public spending
Argentina's new hard-right government has devalued its currency by more than half in its first package of economic measures that include slashing public spending.
Fed's Waller sounds 'hawkish' note on outlook for rates
A top US central bank official said he could support a further 25 basis point interest rate hike at the 13-14 June policy meeting, depending on how the economic data came in between now and then.
US CPI rises as expected in April, up by 0.4%
The cost of living in the US rose as expected in April, hitting a two-year low in the process.
ECB's Nagel says interest rate hikes coming to final stretch
The European Central Banks' tightening campaign was entering its final phase, the head of the Bundesbank said.
US small business confidence dips a bit more than expected in April, NFIB says
A closely followed gauge of small business sentiment plumbed a 10-year low last month as confidence in the economic outlook, as well for sales and earnings waned.
Weekly US jobless claims rise by slightly more than anticipated
US jobless claims rose moderately during the preceding week.
ECB hikes by 25bp says inflation outlook remains 'too high for too long'
The European Central Bank went ahead and hiked interest rates again, noting that the inflation outlook continued to be too high for too long.