Monday, December 16, 2024
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Core inflation

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Wholesale inflation jumps more than expected in November as price pressures remain sticky

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Wholesale prices rose more than expected in November, adding to a string of sticky inflation prints. Thursday's report from...
Bussiness

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll

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By Indradip Ghosh BENGALURU (Reuters) - The U.S. Federal Reserve will cut interest rates by 25 basis points on Dec....
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Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving

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HONG KONG (AP) — Asian shares were mixed on Friday after U.S. markets were closed Thursday due to the Thanksgiving...
Bussiness

Asian stocks subdued, dollar drifts ahead of US Thanksgiving

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By Ankur Banerjee SINGAPORE (Reuters) - Asian shares were subdued on Thursday and the dollar was on the defensive after...
Bussiness

October inflation expected to show mild bump up despite longer-term downward trend

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TORONTO — The latest inflation reading due out Tuesday from Statistics Canada is expected to show a slight uptick for...
Bussiness

Stock market today: Asian shares retreat after Wall Street’s mixed finish, as dollar surges

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BANGKOK (AP) — Shares retreated in Asia on Thursday after a lackluster finish on Wall Street following a report showing...
Bussiness

US inflation rose slightly last month after 2 years of steady cooling but remained low

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WASHINGTON (AP) — Inflation in the United States ticked up in October, driven by costlier rents, used cars and air...
Bussiness

Any inflation surprises might give Fed ‘pause’ about cutting in December: Kashkari

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The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises "to the upside" over...
Bussiness

Australia’s central bank keeps cash rate at 4.35%, as expected

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SYDNEY (Reuters) - Australia's central bank held interest rates steady on Tuesday as expected, reiterating policy would need to stay...
Bussiness

Australia’s central bank holds the line on rates even as others ease

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By Stella Qiu and Wayne Cole SYDNEY (Reuters) - Australia's central bank held interest rates steady on Tuesday, as expected,...
Bussiness

ECB Must Stay Nimble on Rates Because of Weak Economy, Knot Says

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(Bloomberg) -- The European Central Bank must stay nimble on interest rates, Governing Council member Klaas Knot said. Most Read...
Bussiness

Canada central bank officials speak after rate cut

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TORONTO (Reuters) - The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%,...
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