Tag: prices
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Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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Gold holds below $4,000, silver below $60 — has the shimmer worn off the precious metal rally?
Gold is down almost 8% so far this year, while silver has shed more than 20%.
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Oil price falls to levels not seen since before Iran war
Energy prices have been on a wild ride since Iran responded to US and Israeli attacks by effectively closing the Strait of Hormuz.
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Which European countries are the cheapest and most expensive?
From Iceland to North Macedonia, consumer prices vary dramatically across Europe. New Eurostat data shows where everyday goods and services cost the most — and why prices alone do not tell the full story.
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Bessent sees GDP growth booming again this year. Kalshi traders see little chance of that
Kalshi traders are not agreeing with Treasury Secretary Scott Bessent’s prediction that the U.S. economy will have 3% growth this year.
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Treasury Secretary Bessent says U.S. GDP growth can return to 3% before end of the year
Bessent sees his “3-3-3” plan as still in reach — 3% growth, a 3% deficit-to-GDP rate, and a 3 million barrels per day increase in oil production.
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Oil prices extend decline on expectations of smoother crude flows via Hormuz
TOKYO, June 24 : Oil prices fell on Wednesday, extending this week’s losses and trading near four-month lows hit in the previous session, on signs that more oil tankers stranded in the Gulf since the start of the Iran war are set to move out of the Strait of Hormuz. Brent crude futures were down…
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Gold and silver tumble as rate-hike fears hit precious metals
Gold and silver fell Tuesday as rate-hike fears pressured precious metals and Wall Street banks reassessed their gold forecasts.
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Singapore inflation holds at 1.8% in May, cooler than expected as services costs ease
Core inflation, which strips out accommodation and private transport costs, came in at 1.4%
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Goldman Sachs picks best hedges for a rate-shock scenario
The bank said last week’s hawkish Federal Open Market Committee meeting has increased uncertainty over the outlook for short-term interest rates.
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