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US producer prices rose 6.5% in May, the largest yearly jump since November 2022, as Iran war energy costs feed the Fed's preferred inflation gauge.
Stock markets surge after Trump cancelled planned Iran strikes, with the S&P 500 up 1.75% and the Kospi jumping 8%. Iran has not confirmed a deal.
The SEC voted June 11 to propose rescinding Regulation NMS Rules 611 and 610(e), opening a 60-day public comment period. Atkins dissented in 2005.
ECB lifted its main rate to 2.25% Thursday, the first major central bank to hike against Iran-war inflation. Fed, BOJ and BOE all decide in eight...