US Inflation Cools While Consumer Spending Rebounds; Baltimore Bridge Collapse Disrupts Transport; Japanese Yen Stays Weak as Officials May Intervene; South Korean Chip Output Jumps 14%; Sri Lanka and Hungary Cut Rates

• US inflation cools; consumer spending rebounds • Baltimore bridge collapse to cause transportation disruptions • Japanese yen stays weak; officials affirm commitment to intervene • South Korea semiconductor output jumps 14% year-over-year • Sri Lanka unexpectedly cut rates; Hungary also cutting back