US Used Car Prices MoM (Apr) M/M -1.6% (Prev. 1.4%)
The latest data shows US used car prices declined by 1.6% in April, a more pronounced decrease than the previous month's increase of 1.4%.
NBP Governor Glapinski says central bank has PLN 160bln unrealised profit on gold holdings and currently holding 600 T of gold
Lebanon presidency seeks to discuss a final cessation of hostilities agreement; Lebanese official source to Al Jazeera the negotiation rounds at the delegation level will kick off next week in Washington
US Used Car Prices MoM (Apr) M/M -1.6% (Prev. 1.4%)
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US President Trump “badly wants the war to end,” reports Politico citing senior Gulf Arab official; “But the Iranians so far refusing to give him what he needs to save face and leave. And he does not seem to understand that they need to save face, too”
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This notable shift in prices suggests a potential cooling in the used car market, which could reflect broader trends in inflation and consumer spending. A continued drop in prices may impact inflation metrics and influence monetary policy expectations going forward.
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