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PRICES AND WAGES In May, Italy's 12-month rate of consumer-price inflation slowed to 1.7%.
France's 12-month rate of retail-trade growth slowed in May; Japan's remained negative.
As of 10 38 this morning, the one-month Treasury rate was 0.57; the three-month rate was 0.825.
The increase puts the bank's benchmark three-month rate target range at 3percentto4percentcent.
The commission approved a $1.85-a-month rate increase for Verizon based in part on the performance plan.
Many adjustable-rate mortgages are pegged to the Libor, either the three-month rate or the rate for another period.
America's 12-month rate of consumer-price inflation rose to 3.1% in May, up from 1.7% in February.
PRICES AND WAGES Germany's 12-month rate of consumer-price inflation in May stayed at 1.5%; Italy's rose to 2.5%.
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