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Connected Car

Connected Car

Increased adoption of connectivity and applications within cars could be beneficial to the companies that supply the underlying technology and components.

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  • The Wall Street Journal

    The U.K. Still Has a Services-Inflation Problem

    U.K. inflation rose at its slowest pace in April since July 2021. Yields on U.K. government bonds, or gilts, rose, with the policy-sensitive 2-year gilt yield up more than 0.11 percentage point. The U.K. consumer-price index rose 2.3% in April from a year earlier, edging closer to the central bank's 2% target.

  • Investing.com

    Dollar steady ahead of Fed minutes, sterling gains on CPI release

    The U.S. dollar traded calmly Wednesday ahead of the release of the minutes from the last Federal Reserve meeting, while sterling gained as inflation fell by less than expected in April. The dollar is struggling to move in any meaningful fashion as traders await the release of the minutes from the last Fed meeting, searching for more cues on the likely path of U.S. interest rates towards the end of the year. Last week’s soft-than-expected consumer inflation data raised hopes of rate cuts in a reasonably short time, but a series of Fed officials have continued to call for policy caution.

  • Yahoo Finance UK

    Bank of England has room for three interest rate cuts this year, IMF suggests

    IMF tells UK not to cut taxes as it warns over £30bn fiscal hole.