Tag: inflation
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Dollar hovers near 18-month high as Gulf unrest, US inflation keep investors on edge
NEW YORK/LONDON, Oct 12 : The dollar held near an 18-month high on Monday, supported by safe-haven demand as an escalating Middle East conflict kept investors cautious ahead of key US inflation data later this week.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up strikes on Saudi Arabia,
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India’s retail inflation jumps to 5.54% in September, above estimates
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
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Dollar firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge
LONDON, Oct 12 : The dollar traded around its highest in a year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that could shape the outlook for interest rates.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up
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7-Eleven’s US arm looks to move supply chain in-house as inflation bites
TOKYO, Oct 9 : 7-Eleven Inc, the North American arm of 7-Eleven convenience stores and gas stations, is considering moving parts of its supply chain in-house in a bid to cut costs as stubborn inflation dampens US consumer demand, its chief executive said on Friday.The company, owned by Japan’s Seven & i Hol
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Inflation on many everyday items was entirely due to tariffs, NY Fed says
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.
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Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
As affordability pressures mount, Americans are increasingly concerned about their financial future, the New York Fed’s data shows.
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Fed officials see another hike coming, but no sign as to when, minutes show
The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.
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Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
The Survey of Consumer Expectations indicated that the median outlook for inflation over the next 12 months rose to 3.9%.
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Vietnam’s central bank says inflation is higher than targeted but remains under control
HANOI, Oct 7 : The rise in annual inflation in September has put pressure on Vietnam’s monetary policy management for the rest of this year but prices remain under control, central bank deputy governor Pham Thanh Ha said on Wednesday. • Vietnam’s annual inflation in September was 5.08 per cent, compared wi
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Indian central bank hikes rates for first time since 2023
In doing so, the RBI has shifted gears to join several central banks around the world who have raised rates to curb price rises or boost their currencies.
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