Fed's Bostic: Inflation has more room to decline

Federal Reserve Bank of Atlanta President Bostic said on Thursday that there is still a distance to go on inflation, adding that the central bank should wait for more data before cutting rates.
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WTI edges lower to near $75.00 amid China demand concerns, Libya supply risks might cap its downside

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $75.15 on Thursday.
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