Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall
LONDON (news agencies) — Any hopes the governing Conservative Party may have of the Bank of England cutting its main ...
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Stock market today: Global stocks are mixed after Wall Street edges to more records
HONG KONG (news agencies) — World stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the ...
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With election looming, UK’s governing Conservatives seize on inflation fall to 2% target
LONDON (news agencies) — Inflation in the U.K. returned to the Bank of England’s target rate of 2% for the ...
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Pakistan’s budget to support negotiations with IMF for new programme: Moody’s
Moody’s Ratings, a global credit rating agency, on Friday said Pakistan government’s newly-announced budget for fiscal year 2024-25 would “likely ...
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Stock market today: Wall Street climbs on hopes for coming cuts to interest rates
NEW YORK (news agencies) — U.S. stocks climbed Wednesday following a surprisingly encouraging update on inflation and a reassurance that ...
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Federal Reserve sees some progress on inflation but envisions just one rate cut this year
WASHINGTON (news agencies) — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent ...
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Inflation may have cooled in May, but Federal Reserve is seeking sustained improvement
WASHINGTON (news agencies) — Less-expensive gas likely slowed U.S. consumer inflation in May. But when the government reports the latest ...
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Inflation data this week could help determine Fed’s timetable for rate cuts
WASHINGTON (news agencies) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve ...
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Is the US job market beginning to weaken? Friday’s employment report may provide hints
WASHINGTON (news agencies) — Tentative signs have emerged that the U.S. economy is cooling in a way that would be ...
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Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
FRANKFURT, Germany (news agencies) — The European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead ...
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