Inflation
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Headline CPI Rises 3.7% Annually as Core Inflation Cools
WASHINGTON, September 13 — US consumer prices rose faster than expected last month, firming up the case for…
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Eurozone Borrowing Costs to Rise and Remain High for Years
Households and businesses across the 20‑nation eurozone are receiving area now face a clear signal: borrowing is about…
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Malaysia not going into recession, growth set to continue in 2023: Bank Negara Malaysia Governor.
For millions of Malaysian workers and families, the anxiety that has shadowed the global economy for months is…
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Global Food Prices Hit Record High in 2022
Record Food Prices Persist Despite December Slump Global food prices reached unprecedented heights in 2022, driven by a…
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US Banks Warn of 2023 Recession Risk
NEW YORK, United States — The largest U.S. banks warned on December 12, 2022, that a potential recession…
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Malaysia Raises Benchmark Interest Rate for Third Time This Year
Malaysia’s central bank has increased the cost of borrowing again, marking the third adjustment to its benchmark rate…
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UK Rail Strike of June 2022 Leaves Only One in Five Trains Running Amid Inflation
The cost of living had been squeezing household budgets across the United Kingdom for months before the first…
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Global Food Prices Soar to Record Levels Amid Ukraine Conflict
The escalating conflict in Ukraine has sent global food prices skyrocketing, reaching unprecedented levels and causing severe disruptions…
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Eurozone Inflation Hits Record 7.5 Percent in March Report
Mina Agib, who operates the Egyptian restaurant Meya Meya in Berlin, recently received a supplier quote that reflected…
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Eurozone Inflation Hit a Record 7.5% in March, Then 8.1% in May
On April 1, 2022, the European Union’s statistics agency Eurostat released data showing that inflation in the eurozone…
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UK Inflation Hits 6.2%, a 30-Year High
Rishi Sunak was preparing to stand up in the House of Commons on Wednesday with a set of…
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UK Inflation Surges to 30-Year High at 6.2 Percent Nationwide
Britain’s inflation rate surged to a three-decade peak in February, hitting 6.2% as rising energy and food costs…
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Four Years Ago The Fed Fired Its First Shot At Inflation
WASHINGTON, July 14 — The Federal Reserve’s campaign to cool the American economy stands at a critical juncture…
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Global Food Prices Hit Highest Level Since 2011, FAO Index Shows
The United Nations Food and Agriculture Organization announced Thursday that its benchmark index for global food prices climbed…
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Singapore economy grows 1.3% in Q1 but no change to GDP forecast for 2021
Singapore: The economy of Singapore has been observed to increase at a much faster pace during the first…
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Retailers and Ministers Urge Calm as Pingdemic Empties Some UK Supermarket Shelves
Panic, Not Production, Is Driving the Global Shortage Crisis The world is not running out of goods. It…
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Coronavirus Recession Hits Africa as Oil Prices Fall and Debt Mounts
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The Fed’s Dual Mandate Since 1977: Jobs, Prices and a 2012 Target
WASHINGTON, July 8 — The legal architecture that governs the Federal Reserve’s monetary policy decisions rests on two…
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