Tag: inflation
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Russia Cuts Rates Amid War Spending and Inflation Pressures
Central bank lowers rate to 17% to counter economic slowdown
Russia’s central bank reduced its benchmark interest rate by one percentage point to 17% on...
Producer Prices Fall Ahead of Fed Rate Decision
Inflation at the wholesale level cools in August
U.S. producer prices unexpectedly declined in August, reinforcing expectations that the Federal Reserve may cut interest rates...
Markets Bet on Fed Rate Cuts as Job Growth Craters
Revised labor data fuels expectations for multiple cuts
With U.S. job growth faltering and economic indicators flashing red, markets are now fully pricing in interest...
China’s U.S. Exports Plunge 33% Amid Trade Pressures
Overall growth slows as tariffs and weak demand bite
China’s exports to the United States fell sharply by 33% in August, marking one of the...
Gold Hits Record Above $3,600 as Fed Rate Cut Nears
Weak U.S. jobs data fuels investor demand for bullion
Gold prices soared to a new all-time high on Monday, surpassing the symbolic $3,600 mark as...
