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The Latest Breaking News from Inflation

Asian stock markets rally on economic recovery optimism despite inflation concerns and trade negotiations. Investors advised to stay cautious amidst potent...

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India's outlook for next fiscal positive: Finance Ministry

The Finance Ministry's Monthly Economic Review said with an uptick in private investment and inflation trending down, India’s outlook for the next fiscal looks positive

The Hindu

UK interest rate cuts ‘in play’, says Bank of England governor

Comments come after MPC spoke of ‘encouraging signs’ of falling inflation that could lead to cuts

The Guardian - UK

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Climate Change Driving Food Price Inflation, Study Finds

Study reveals climate change to drive significant food price and inflation increases, urging proactive measures for economic stability.

Top News

Tough year ahead for low-income earners, renters: RBA

Pressure from high inflation and interest-rate rises will weigh on those most exposed to financial shocks, Australia's central bank says.

AAP

Economic conditions in debt-stricken Sri Lanka improving, IMF says

IMF says inflation has dropped from 70 percent, economy expanded in the second half of 2023.

Al Jazeera

Asian Markets Struggle As US Data Dents Fed Rate Cut Optimism

Asian markets mostly fell Friday after data pointing to a still-strong US economy raised fresh concerns about inflation and dampened optimism that the Federal Reserve will slash interest rates as much as it expected this year.

International Business Times

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Mexico Cuts Interest Rate For First Time In Three Years

Mexico's central bank on Thursday reduced its benchmark interest rate for the first time in three years following a slowing of inflation in Latin America's second-largest economy.

International Business Times

Poverty is deepening in modern Britain – but will economic growth be the solution?

Official figures will trouble Rishi Sunak during an election year as millions found to be struggling

The Guardian - UK

Bank Of England: UK Inflation Trend Positive For Rate Cuts

Bank of England's positive inflation outlook hints at potential interest rate cuts for UK economy.

Top News

Taiwan Central Bank Raises Key Rate To Curb Inflation

Taiwan central bank raises interest rates to combat inflation and maintain economic stability amidst rising prices.

Top News

UK Budget Deficit Grows Due To Cost Of Living

Learn about the surge in the UK's budget deficit in February due to cost of living payments and inflation, impacting economic stability.

Top News

Bank Of England Freezes Interest Rate At 16-year High

The Bank of England on Thursday held its key interest rate at a 16-year high, opting against a reduction as inflation remains elevated despite recent slowdowns.

International Business Times

US Unemployment Claims Fall, Job Market Remains Strong

Latest data shows U.S. labor market strength with low jobless claims, steady job growth, and decreasing inflation.

Top News

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The Guardian - UK

Interest rates held by the Bank of England – but a cut is likely on the way

Rates remain at 5.25%, but inflation heading towards 2% all-but guarantees a welcome cut – and relief for Rishi SunakBusiness live – latest updates

StockNews.com

3 Tobacco Stocks With Promising Future Prospects

Despite various challenges, the tobacco industry is set to grow due to sustained consumption, falling inflation, and the introduction of innovative products. Therefore, investors could consider buying fundamentally strong tobacco stocks such as British American Tobacco (BTI), Vector Group (VGR), and Imperial Brands (IMBBY). Keep reading.

Top News

Senator Bob Casey Leads Fight Against Greedflation In Pennsylvania

Senator Bob Casey criticizes corporate greed for driving consumer prices amidst high inflation, sparking debate.

International Business Times

Turkey's Central Bank Hikes Interest Rate To 50%

Turkey's central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month.

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Evening Standard

Bank of England votes 8 to 1 to leave rates on hold at 16-year high of 5.25%

City markets are now pricing in a rate cut in June

Top News

Swiss National Bank Cuts Interest Rate To Boost Economy

Swiss National Bank lowers interest rates due to low inflation, impacting franc value and global market trends.

The Guardian - UK

Bank of England leaves interest rates at 5.25% but signals future cuts

Bank’s survey finds expectation of 4.5% base rate by end of 2024 amid ‘encouraging signs’ on inflation

International Business Times

Switzerland Becomes First Developed Economy To Cut Interest Rate

The Swiss National Bank cut interest rates on Thursday -- the first to do so among the major central banks, saying the battle against inflation was working almost two years after launching its monetary tightening campaign.

International Business Times

High Inflation In Turkey Dampens Ramadan's High Spirits

As the sun sets over the Bosphorus, a long queue forms on a street in Istanbul as people wait for iftar -- the evening meal that breaks Ramadan's daily fast.

The Guardian - UK

Bank governor says ‘things moving in the right direction’ amid criticism for leaving rates on hold – as it happened

UK central bank faces criticism for keeping Bank Rate at 5.25% after a shock rate cut in Switzerland and a hike in Turkey today

The Guardian - AU

As unemployment drops, so too do expectations of an RBA interest rate cut in the coming months

Michele Bullock has made it clear that curbing inflation remains top priority, but the numbers point to a labour market that isn’t easing as fast as predicted

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