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Tag Archives: inflation

U.S. stocks set for rebound ahead of inflation data

U.S. stocks appeared set to renew their fresh push upper on Thursday, with fairness futures emerging amid indicators the U.S. and China are open to discussing their industry dispute in high-level negotiations, doubtlessly fending off an international industry battle. Traders had been additionally having a look ahead to inflation data, …

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Core inflation hits Fed’s 2% target in May

Getty Images Consumer spending The numbers: Inflation moved upper in May whilst client spending endured to turn energy, the federal government stated Friday. The PCE index, the Federal Reserve’s most popular inflation gauge, rose zero.2% as did the core price that strips out meals and effort. The price of …

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Venezuela triples minimum wage to 86p a month as inflation soars 25,000 PERCENT | City & Business | Finance

President Nicolas Maduro said workers would also receive 2.2 million bolivars in meal tickets, taking total minimum wage compensation to 5.2 million bolivars — around $1.98 per month on the black market. The once-prosperous OPEC (Organisation of the Petroleum Exporting Countries) country’s annual inflation is now nearly 25,000 percent, according …

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