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The Latest Breaking News from Inflation

The dollar index (DXY00 ) on Friday fell by -0.01%. The dollar on Friday gave up an early advance and finished slightly lower. The euro moved higher Friday and weighed on the dollar after the 10-year German bund yield climbed to a 2-1/2 month high, strengthening the euro’s interest rate...

Barchart

'Resilient' Africa Set For Growth Rebound: ADB

Africa saw the pace of economic growth sag last year as inflation continued to rise but is set to rebound this year, the African Development Bank said Friday.

International Business Times

ECB warns low productivity in Euro zone may impact inflation

The European Central Bank (ECB) expresses concerns over low productivity levels in the euro zone, which may hinder the expected decline in inflation. ECB m...

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Russian Central Bank Maintains 16% Interest Rates

The Russian central bank maintains its key interest rate at 16% to combat inflation and stabilize the ruble amidst economic challenges. The decision is exp...

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S&P, Nasdaq Futures Up, Applied Materials Soars Ahead of Inflation

S&P and Nasdaq futures rise as investors await inflation data. Applied Materials' strong performance boosts market sentiment. Investors hopeful for positiv...

Top News

Britain is in a rut. Here are five ways to fix the economy

From unfreezing tax thresholds to boosting social housing, solutions to the UK’s problems don’t have to trigger the return of inflation

The Guardian - UK

Your Optimism About Money Has Grown A Lot Since The Pandemic, Survey Shows

More Americans believe they will be even better off financially a year from now, a new Fed survey shows.

Kiplinger

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Delving Into SPY and IYY: The Compelling Choice for Large Cap ETF Investors

The U.S. economy holds its ground, evidenced by easing inflation, a flourishing job market, and anticipated rate cuts this year. In light of the resilient macroeconomic backdrop, adopting a bullish stance on two large-cap ETFs, iShares Dow Jones U.S. ETF (IYY) and SPDR S&P 500 ETF Trust (SPY), could yield…

StockNews.com

US Retail Sales Decline In January, Signaling Economic Headwinds

US retail sales plummeted by 0.8% in January, signaling economic challenges amid inflation and rising interest rates.

International Business Times

Small businesses optimistic about growth despite concerns over inflation and hiring

Discover the latest insights from small business data, revealing a mix of optimism and concerns about the economy, inflation, hiring challenges, and growth...

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US Import Prices Spike in January, Largest Gain in Years

In January, US import prices experienced their largest increase in almost two years, suggesting a potential rise in inflation in the country's economy.

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ECB Policymakers Resist Quick Rate Cuts Amid Falling Inflation

ECB policymakers remain cautious about implementing hasty rate cuts despite a decline in inflation, emphasizing the need for a measured approach to policy ...

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EU Cuts Eurozone Inflation, Growth Forecasts For 2024

The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it warned geopolitical tensions spelled rising uncertainty for the single-currency area's economy.

International Business Times

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Guardian - AU

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Reason

Shrinkflation Is Real—and It's Largely Biden's Fault

The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.

International Business Times

Asian Markets Mostly Up, Tracking Wall Street Gains

Most Asian markets rose Thursday, tracking a rebound in Europe and New York and following positive remarks from a senior Federal Reserve official that inflation was headed in the right direction.

International Business Times

What Is Behind The US Economy's Surprising Strength?

The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.

Top News

Soup kitchens in Argentina struggle as inflation pushes them to collapse

Learn how high inflation in Argentina is pushing soup kitchens to the brink of collapse, leading to increasing hunger and food insecurity in the country.

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International Business Times

Argentina's Annual Inflation Soars Above 250% In January

Argentina's monthly inflation slowed slightly in January, but the prices of key goods and services rose 254 percent year-on-year, the statistics agency said Wednesday.

Latin Times

Biden's Handling of Immigration is the Main Reason for his Disapproval Rate: Gallup

Almost 20% of respondents of a poll cited the issue specifically. It was followed by the economy and inflation

Reason

Film Produced by Travis Kelce To Benefit From Green Energy Tax Credits

The Inflation Reduction Act of 2022 apportioned billions of dollars for green energy tax credits while also allowing them to be sold to other taxpayers.

Top News

Main Street Small Businesses: Key Players in Determining Inflation Rates

Explore the impact of small businesses on inflation rates and the economy. Discover how Main Street firms play a significant role in price changes and econ...

International Business Times

Sticky UK Inflation Stokes Bank Of England Rate-cut Debate

British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the Bank of England's target rate, adding to uncertainty over the timing of an interest-rate cut.

Top News

Travis Kelce finances debut film with renewable energy tax credits

Travis Kelce takes advantage of renewable energy tax credits to finance his debut film, pioneering strategies in the indie film sector.

Evening Standard

Surprise fall in food prices raises hopes for interest rate cut

City markets are now pricing in a 55% likelihood the Bank of England will start cutting rates as soon as June.

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