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Inflation is Again on the Incline Inflation showed a slight uptick in October, with the annual inflation rate reaching 2.6%, according to the Bureau of Labor Statistics. This was in line with Wall Street’s...
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Fitch Ratings, a leading global credit rating agency, has released a new economic outlook report predicting that the U.S. Federal Reserve will begin a slow and steady reduction of interest rates starting at its...
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Consumer prices in the United States increased at the slowest rate in over three years last month, raising hopes for a potential interest rate cut by the Federal Reserve. According to the Labor Department,...
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Wednesday is poised to be a pivotal day for economic news, as investors and economists brace for a crucial one-two punch: the release of the May consumer price index (CPI) reading in the morning...
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Turkey’s inflation rate has soared past 75% in May, marking what economists believe to be the peak of the current inflationary cycle. According to the Turkish Statistical Institute, consumer prices rose by 75.45% annually...
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Urgent IMF Deal Needed to Prevent Pakistan’s Economic Collapse, Bloomberg Warns Bloomberg, a renowned US-based financial news service, has warned Pakistan about its economic future. The news outlet emphasizes that Pakistan faces the risk...