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The Latest Breaking News from Inflation

Powell Signals Potential Interest Rate Decrease Amid Economic Uncertainty

Powell addresses economic uncertainty and the Fed's stance on interest rates and inflation and providing insights on monetary policy.

International Business Times

US Fed's Progress Against Inflation 'Not Assured': Powell

The US Federal Reserve's progress in bringing down inflation is "not assured," the chair of the country's central bank told lawmakers in Washington Wednesday, on the first of two days of hearings in Congress.

International Business Times

Bank Of Canada Maintains Rates, Postpones Consideration Of Cut

Bank of Canada opts to keep interest rates steady, citing economic resilience and stable inflation. Monitoring global uncertainties closely.

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Global Markets Mostly Higher After Tech Stock Tumble

Global markets rebound after Big Tech stock decline. Oil prices rise. Key events include UK Spring Budget and Fed Chair Powell's testimony.

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Federal Reserve Faces Tough Decisions Amid Economic Uncertainty

Federal Reserve's upcoming rate cuts and economic concerns amidst inflation and political debates.

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Budget 2024: key points at a glance

Jeremy Hunt has announced his financial update – here are the main points, with political analysis

The Guardian - UK

Inflation reached double-digit growth in Congress regime, our govt contained it below 5%: Amit Shah

Mumbai Union Home Minister Amit Shah praises government's economic progress, aims for self-reliant India in 2047.

The Hindu

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Britain Set For Tax-cutting Budget Before Election

Britain's Conservative government is on Wednesday expected to use a budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election.

International Business Times

Budget in five charts: what will underpin Jeremy Hunt’s statement?

Falling inflation and so-called fiscal headroom will guide a chancellor keen to heed calls from Tories for tax cuts

The Guardian - UK

Should Stock Investors Be Scared by Recent Sell Off?

Most everyone knows the famed motto of the news business that “fear sells”. Well that is also true in the investment media where a scary headline about stock declines is going to get more eyeballs than one that talks about gains. So, its good to ponder if investors truly should…

StockNews.com

President Biden To Address Efforts To Lower Costs For Families

President Biden to address economic challenges and relief measures in upcoming speech, addressing concerns on inflation impact and financial well-being.

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Nasdaq Leads Wall Street Lower As Megacaps Slide

Tech-heavy Nasdaq's decline due to megacaps' stock drop influenced by inflation and global tensions.

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Philippine Inflation Accelerates In February After Five-Month Decline

Philippine inflation rose to 4.2% in February driven by higher food prices, but remains manageable within the central bank's target range. Government and c...

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Mexican Inflation Expected To Decrease In February

Learn about the expected deceleration of Mexican inflation in February and its positive impact on the economy.

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AAP

Economy hit by 'dastardly duo' of rates and inflation

Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.

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Former President Trump Addresses Inflation Concerns In Diner Visit

Former President Trump addresses inflation concerns and outlines plans to combat it through energy production, emphasizing support from diner patrons.

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President Biden Launches Strike Force Against Price Inflation

President Biden's new strike force targets price inflation by holding companies accountable and reducing costs for consumers.

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Toronto Market Closes Lower Due To Energy Stock Decline

Toronto Stock Exchange declined as energy shares fell, while materials sector gained. Market outlook influenced by oil prices, inflation concerns, and gold...

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Jpmorgan Updates Turkey Rate Hike Forecast After Inflation Surge

JPMorgan revises rate hike forecast in Turkey due to inflation surge, raising concerns about economic stability.

International Business Times

Germany Braces For Fresh Rail, Air Travel Strikes

Germany braced for more travel misery after unions on Monday called for renewed walkouts at Lufthansa and rail operator Deutsche Bahn, amid escalating rows over inflation-busting pay rises.

International Business Times

Bitcoin, Small Stocks Rally On Lower Bond Yields And AI Hype — What Is Next?

Bitcoin and smaller stocks led another winning week on Wall Street, helped by lower bond yields and AI hype, ahead of another labor market report and more earnings.

International Business Times

ECB To Hold Rates Again, Awaiting Clearer Signs On Inflation

The European Central Bank is expected to freeze interest rates again this week, with officials wary of starting to cut before they see more evidence that recent falls in inflation will be sustained.

AAP

Home price upswing not 'typical recipe' for rate cuts

Confidence may be returning to the housing market due to rate cut speculation but one economist says rising home values could keep the Reserve Bank wary.

Barchart

PMI, Powell and Other Key Things to Watch This Week

This week we still have earnings, PMI and we also have Powell testifying, some inflation data, and Non-Farm payrolls out Friday.

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President Biden Expected To Address Inflation In State Of The Union

Kansas Senator Roger Marshall shares insights on President Biden's State of the Union address, expressing skepticism and anticipating blame-shifting tactics.

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