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Tag: inflation

Rising Fruit Prices Drive Consumer Inflation to 3.1% in February
Business

Rising Fruit Prices Drive Consumer Inflation to 3.1% in February

■ Consumer prices rose 3.1% in February… Fresh fruit 41% ↑ maximum in 32 years Apple prices rose 71% and tangerines 78% last month. Petroleum products also rose 2.5%, leading the rise. Additional KRW 60 billion invested in government discount support viewer A trader sells apples at the Cheongnyangni Fruit and Vegetable Market in Dongdaemun-gu, […]
The post Rising Fruit Prices Drive Consumer Inflation to 3.1% in February appeared first on News Directory 3.

Market Volatility: Jobs Report Boost Fades, Inflation Data and Tech Earnings on the Horizon
Business

Market Volatility: Jobs Report Boost Fades, Inflation Data and Tech Earnings on the Horizon

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Europe’s second straight mild winter left natural gas storage stocks at a record high
Business

Europe’s second straight mild winter left natural gas storage stocks at a record high

#Europes #straight #mild #winter #left #natural #gas #storage #stocks #record #high Europe is on course to end the winter with a record amount of gas in storage, which has pushed futures prices back to pre-crisis levels after adjusting for inflation. The supply picture has changed since two years ago, when traders and politicians worried about […]
The post Europe’s second straight mild winter left natural gas storage stocks at a record high appeared first on World Today Journal.

According to the INE, inflation continues to decline in Guatemala and in February stood at 3.3%
 – 2024-03-08 09:40:22
Business

According to the INE, inflation continues to decline in Guatemala and in February stood at 3.3% – 2024-03-08 09:40:22

The National Institute of Statistics (INE) today released the Consumer Price Index (CPI) according to which, monthly inflation in February was 0.14%, with an acceleration in the general increase in prices of 0.11% compared to January last, when it was 0.03%. Meanwhile, the accumulated inflation was 0.17% and the interannual inflation (from February 2023 to … Read more
You can read the full story here: According to the INE, inflation continues to decline in Guatemala and in February stood at 3.3%
– 2024-03-08 09:40:22
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Outspoken Billionaire Barry Sternlicht Reveals Solution to Federal Reserve’s Inflation Problem
Business

Outspoken Billionaire Barry Sternlicht Reveals Solution to Federal Reserve’s Inflation Problem

Federal Reserve Chairman Jerome Powell has been concerned about rising inflation for more than two years. Despite some success in controlling consumer price increases, Powell recently reiterated that progress is not guaranteed. However, billionaire CEO Barry Sternlicht believes he has a solution to Powell’s biggest problem. Sternlicht argues that Powell should tell Congress to stop … Read more
You can read the full story here: Outspoken Billionaire Barry Sternlicht Reveals Solution to Federal Reserve’s Inflation Problem.

Spot interest rate cut pleases investors. S&P 500 and Nasdaq break records – Stock Exchange
Business

Spot interest rate cut pleases investors. S&P 500 and Nasdaq break records – Stock Exchange

#Spot #interest #rate #cut #pleases #investors #Nasdaq #break #records #Stock #Exchange Spot interest rate cut pleases investors. S&P 500 and Nasdaq break records The chairman of the US Federal Reserve said he is “not far away” from being confident that inflation is on track to reach the 2% target, which would allow the Fed to […]
The post Spot interest rate cut pleases investors. S&P 500 and Nasdaq break records – Stock Exchange appeared first on World Today Journal.

It left interest rates unchanged for the fourth time
 2024-03-08 05:43:20
Business

It left interest rates unchanged for the fourth time 2024-03-08 05:43:20

You can read the full story here: It left interest rates unchanged for the fourth time
2024-03-08 05:43:20
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In the announcement of the central bank, it is noted that with the latest forecasts of its executives, inflation has been revised downwards and is now expected to average 2.3% in 2024, 2.0% in 2025 and 1.9% in 2026. . The Governing Council decided today to keep the ECB’s three key interest rates unchanged. After … Read more