Tag: prices
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88.6% of Japan households expect prices to rise a year from now, BOJ says
TOKYO: The ratio of Japanese households expecting prices to rise a year from now hit 88.6 per cent in September, a quarterly Bank of Japan survey showed on Tuesday, down from 90.4 per cent in the previous survey.The survey also showed 86.5 per cent of respondents expect prices to rise five years from now
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Higher rates could be needed to avoid ‘inflationary mindset’ taking hold, says Fed’s Hammack
The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
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Inflation likely peaked for 2026 but will remain sticky, according to prediction markets
Traders think there’s little chance core inflation, which excludes food and energy prices, will fall to 2.2% this year.
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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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Trump faces growing backlash over plans to import diesel from Russia
Both Republican and Democratic lawmakers have criticised the deal, which was announced weeks before the US midterm elections.
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US ranchers wrestle with soaring costs – and their loyalty to Trump
Many farmers in states that backed the president say they are being hit from all sides, with the crucial midterm elections just weeks away.
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Trump’s shock Russia deal highlights mounting pressure to curb fuel prices
The US president hopes to ease his party’s pain before next month’s midterm elections, writes the BBC’s North America correspondent.
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Euro falls, set for fifth straight weekly drop as oil prices rise
NEW YORK, Oct 9 : The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling pressure was muted as France’s beleaguered bond market steadied. The euro zone’s currency hit a 17-month low of $1.1161 on Monday as investors wor
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Wall Street sees buying opportunity in banks as shares tank ahead of earnings
The sell-off in bank stocks ahead of earnings season is a buying opportunity rather than a warning sign for the economy.
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After driest monsoon in 11 years, India is looking at water and power shortages
A weak monsoon in India is hitting farmers, water supplies and the power system, while raising wider questions about increasingly erratic rainfall and the economic costs.
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