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Stocks Close Lower After Fed Minutes
Markets U.S. Markets Earlier in the day, inflation data showed easing price increases Source link
Shorter-Term Bonds Gain After Data Showing Cooler Inflation
Markets Credit Markets An early bond rally eroded as investors parsed the Fed’s likely next moves Source link
Inflation Report Shows Price Pressures Eased in March
Economy U.S. Economy Elevated inflation has weighed on household spending decisions Source link
Bank Volatility to Cut U.S. Economic Growth, IMF Says
Economy U.S. Economy Tighter lending expected to shave 0.44 percentage point off U.S. GDP in 2023, organization says Source link
Top Fed Official Plays Down Divergent Rate Outlook With Investors
A senior Federal Reserve official said he wasn’t concerned about a potential disconnect between officials at the central bank and investors in financial markets over
China Consumer Price Growth Eases, Reflecting Caution on the Economy
Economy Asia Economy While the scrapping of Covid controls has opened up the economy, joblessness and an uncertain outlook have kept a lid on domestic
Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks. Source link
WTO Says Ukraine War, Inflation to Limit Global Trade Growth in 2023
High prices have cut into consumers’ demand for imported goods. Source link
Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring
New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link