What’s News: World-Wide https://ift.tt/gQ2ZdH1

Apartment-rent growth is declining rapidly, shifting the rental marketto the tenant’s favor for the first time in years. https://ift.tt/o4ByDIz

Fed officials’ concerns about stubbornly high inflation could lead them to signal that they are prepared to lift interest rates again this year even if they hold them steady on Wednesday. https://ift.tt/mRhNHOc

China’s central bank unexpectedly trimmed two key lending rates, an indication of policy makers’ growing unease over a sputtering economic recovery. https://ift.tt/W2Mkgop

U.S. stocks edged higher after the release of the inflation data, with the S&P 500, Nasdaq and Dow gaining 0.7%, 0.8% and 0.4%, respectively. https://ift.tt/H6ES4qT

Inflation fell in May to around half last year’s peak but remained elevated, showing that the Fed has made progress in cooling price pressures butcould have more work to do. https://ift.tt/c5qzyom

What’s News: Business & Finance https://ift.tt/ShfGmud

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