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US   MARKETS  
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
- Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday, slightly higher than the 3.1% forecast from economists polled by Reuters. The core figure, excluding energy, food, alcohol and tobacco, came in at 4.2%, compared with a projection of 4.1%. Workers deliver drinks to a pub in the City of London, UK, on Tuesday, April 16, 2024.  Inflation in the U.K. eased to 3.2% ...

Source: cnbc.com
US   MARKETS  
Housing starts fall amid interest rate, financing concerns
- Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-side costs and tighter lending conditions, according to the National Association of Home Builders . Overall housing starts decreased 14.7% in March to a seasonally adjusted annual rate of 1.32 million units, according to ...

Source: lbmjournal.com