Tag: prices
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War abroad, soaring prices at home: is Trump in trouble?
With the U.S. midterm elections fast approaching, the outlook is bleak for President Donald Trump and his Republican Party. Are rising inflation and the war with Iran setting the stage for a Republican defeat?
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Inside India newsletter: Food crisis, economic shock ahead as India braces for El Niño
The super El Niño weather phenomenon is emerging as the latest headwind for the Indian economy.
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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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India’s central bank hikes rates for the first time since 2023 as inflation risks build
HSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.
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Euro bounces as decline in French bond yields cools debt jitters
NEW YORK, Oct 6 : The euro rebounded on Tuesday and was poised for its strongest move higher in seven weeks after falling to a 17-month low on the prior day, as a pullback in French government bond yields eased fears about strain in euro zone debt markets.The euro zone’s currency jumped 0.35 per cent,…
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Oil prices stable as market weighs supply risks, rising Middle East exports
NEW YORK, Oct 6 : Oil prices were steady on Tuesday after recovering earlier losses, as the market weighed increases in Middle Eastern crude exports and a planned Group of Seven release of emergency diesel and crude stockpiles against supply concerns related to attacks by the Iran-backed Houthis in Yemen.Bre
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Euro hits 17-month low as political uncertainty in Spain and France rattles markets
Political and fiscal concerns are mounting in two of the euro area’s biggest economies.
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Surging Treasury yields don’t signal a U.S. ‘fiscal apocalypse’ — yet
Treasury yields above 5% are raising fears that higher borrowing costs could fuel a debt spiral.
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