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The Economy Has Defied Expectations. Here’s What to Focus On in the GDP Data.
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Federal Reserve Raises Interest Rates to 22-Year High
Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Source link
Fed Set to Raise Rates to 22-Year High. Here’s What to Focus On.
What to Read Next Source link
Stock Market Shrugs Off Recession Signals as Rally Builds
The S&P 500 is trading near its highest level since April 2022 as hopes grow for a soft economic landing. Source link
The World Tied $3.5 Trillion-Plus of Debt to Inflation. The Costs Are Now Adding Up.
Listen to article (2 minutes) Governments and companies around the world spent decades loading up on trillions of dollars of debt whose interest costs rise
Why the Fed Isn't Ready to Declare Victory on Inflation
Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. Source link
JPMorgan ups Turkey inflation, growth forecasts after rates decision By Reuters
© Reuters. People shop at a fresh market in Istanbul, Turkey July 5, 2023. REUTERS/Dilara Senkaya/File Photo LONDON (Reuters) – Wall Street bank JPMorgan (NYSE:)
Exclusive-EU’s highest inflation to slow to 7-8% by Dec
© Reuters. Hungarian Finance Minister Mihaly Varga speaks during an interview with Reuters in Budapest, Hungary July 19, 2023. REUTERS/Krisztina Than By Krisztina Than and
Japan’s govt cuts growth forecast, sees inflation exceeding BOJ target By Reuters
© Reuters. FILE PHOTO: A Japanese flag flutters on the Bank of Japan building in Tokyo, Japan, March 15, 2016. REUTERS/Toru Hanai/File Photo By Leika
Analysis-Cooling UK inflation may signal time for rethink for sterling bulls By Reuters
© Reuters. FILE PHOTO: Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company’s headquarters in Vienna, Austria, November