Tag: inflation
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Colorado businesses starting to feel good about the economy again, report shows
For two years, state business leaders reported feeling pessimistic about the direction of Colorado’s economy. It started when inflation was high. And to tame it, the Federal Reserve raised interest rates making it more costly to borrow money for business loans or mortgages. But for the first time since 2022, business confidence in the state…
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Europe’s economy has stalled. But an interest rate cut will likely have to wait for summer
The European Central Bank has left its key interest rate at a record high even though inflation is way down from its painful double-digit peak and the economy has stalled
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China’s exports and imports beat estimates for first 2 months, signaling improving demand
China’s exports and imports for the first two months of the year beat estimates, an indication that demand may be improving as Beijing attempts to speed up its economic recovery
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Stock market today: Global shares mostly decline after Wall Street recovers
Global shares are trading mostly lower after Wall Street recovered some losses from the day before
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Stock market today: Asian shares mostly rise after Wall Street recovers
Asian shares were mostly higher in early trading, after Wall Street recovered some losses from the day before
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Egypt floats its currency and agrees with the IMF to increase a bailout loan to $8 billion
Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion
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Fed’s Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed
Chair Jerome Powell reinforced his belief that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target
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Stock market today: Japan’s Nikkei tops 40,000, as investors await China political meeting
Asian stocks are mostly higher ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time
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European inflation eases to 2.6% as energy prices fall and food inflation slows
Inflation just keeps dropping in Europe
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Stock market today: Asia stocks rise follow Wall Street climbs to more all-time highs
Asia stocks gain after U.S. stocks climbed to all-time highs