Federal Reserve officials are reiterating that single data points will not sway the central bank’s patience on its easy money policies.
Britain's wheat imports accelerated in March and are running well above last season's pace, customs data showed on Wednesday. Wheat imports for the month totalled 176,615 tonnes, up from 95,266 tonnes in February. Canada was the largest supplier in March, shipping 74,370 tonnes followed by Denmark with 55,056 tonnes.
Markets fall as US consumer prices see sharpest monthly climb since 2008Consumer Price Index increases 4.2% in April year-on-yearUsed cars and trucks lead surge in prices The figures are inflated by a collapse in prices last year as the US economy shut down, but they still caught economists by surprise. Photograph: Saul Loeb/AFP/Getty Images