Chinese Communist Party-Linked Solar Panel Company Could Reap ‘Inflation Reduction Act’ Handouts With US Factory Jack McEvoy on January 13, 2023 JA Solar, a Chinese green energy giant whose chairman …
Inflation,
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Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation
Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation John Hugh DeMastri on January 11, 2023 Average interest rates for bank-issued credit cards this past November surpassed a …
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5 ways to minimize impact of inflation on your family
Inflation affects all of us, but it can be especially hard on families. With so many expenses and bills to pay, it’s easy to feel overwhelmed when prices continue to …
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Fed seen near certain to switch to smaller rate hikes as inflation slows
by Reutersby Reuters(Reuters) -The Federal Reserve is now seen nearly certain to deliver just a quarter-point interest-rate hike at its next meeting and likely to ultimately stop raising rates short of 5%, …
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Argentina government aims to undershoot inflation forecasts in December
by Reutersby ReutersBy Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s inflation is expected to rise 5.2% in December, according to the median response from a Reuters poll of analysts, though the government …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. U.S. inflation will set off the global market fireworks on Thursday and beyond, …
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‘Here To Stay’: These Asset Managers Say Markets Are Underestimating Inflation
‘Here To Stay’: These Asset Managers Say Markets Are Underestimating Inflation John Hugh DeMastri on January 10, 2023 Major asset managers are pushing back on the market’s expectation that inflation …
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SYDNEY (Reuters) – Australian inflation re-accelerated in November as strong demand drove holiday costs higher and flooding pushed up vegetable prices, a sign inflationary pressures had yet to peak. Data …
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Brazil central bank to remain vigilant on inflation after missing 2022 target -governor
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Tuesday that policymakers have taken the necessary steps to ensure inflation reaches its targets until 2025, reinforcing they …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The global inflation focus turns to Australia’s November figures on Wednesday, and will …
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By Olena Harmash KYIV (Reuters) -Consumer price inflation in Ukraine rose to 26.6% in 2022 as the economy felt the impact of Russia’s invasion, but was lower than initially expected. …
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Analysis-Central Europe’s path to lower inflation strewn with hazards
by Reutersby ReutersBy Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to Central Europe’s aggressive 18-month campaign of monetary tightening …
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CAIRO (Reuters) – Egyptian annual urban consumer inflation in December rose to 21.3% from 18.7% in November, exceeding analyst expectations, data from the statistics agency CAPMAS showed on Tuesday. The …
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India’s inflation likely remained steady at 5.90% in December: Reuters poll
by Reutersby ReutersBy Madhumita VikramGokhale BENGALURU (Reuters) – India’s retail inflation held steady in December, staying within the Reserve Bank of India’s comfort zone for a second month as a moderation in …
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NY Fed survey finds reduced near-term inflation expectations in December
by Reutersby ReutersBy Michael S. Derby NEW YORK (Reuters) – U.S. households see weaker near-term inflation and are expecting notably less spending, even as they foresee their incomes continuing to rise, the …
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Macy’s tempers holiday sales view, warns of more inflation pain ahead
by Reutersby Reuters(Reuters) -Macy’s Inc said on Friday it expects fourth-quarter sales to come in at the lower end of its forecast, blaming a deeper-than-expected lull in shopping between the season’s major …
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Mexico headline inflation seen speeding up in December, core index down: Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets that monetary policymakers will …
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Venezuela inflation accelerating, heightening risk of return to hyperinflation -economists
by Reutersby ReutersCARACAS (Reuters) – Venezuelan consumer prices rose at a sharp 37.2% clip in December from November, heightening the risk of a return to hyperinflation, according to estimates by the Venezuelan …
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WASHINGTON (Reuters) – Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials “remain determined” to lower it back to the central bank’s 2% …
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UK’s December shopper numbers defy inflation and rail strikes hit
by Reutersby ReutersLONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite the impact of the cost-of-living crisis and national rail …
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FOMC in Dec worried about “misperception” that inflation fight flagging
by Reutersby ReutersNEW YORK (Reuters) – All officials at the Federal Reserve’s December meeting agreed to slow the pace of its aggressive interest rate increases, allowing them to continue raising the cost …
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Japan’s Kishida urges companies to give wage hikes that exceed inflation
by Reutersby ReutersTOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. “In the past 30 years, wages did not rise …
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Booker, Kim agree more New Jerseyans, children going hungry under Biden-led record inflation
TRENTON, NJ – A report published by Hunger Free America says hunger is soaring in New Jersey due to the rising cost of food and a record level of national …
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Turkey’s inflation drops to 64.27% in December due to base effect
by Reutersby ReutersISTANBUL (Reuters) – Turkish annual inflation slid to 64.27% in December, official data showed on Tuesday, below forecast, dropping because of a favourable base effect after hitting a 24-year high …
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JAKARTA (Reuters) – Indonesia’s inflation rose slightly in December and remained above the central bank’s target range for the seventh straight month, official data showed on Monday. The headline annual …