10 Breaking News found.
  • Mar 22, 2023

    U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The consumer price index (CPI) increased by an annual 10.4%, above the 9.9% consensus forecast among economists in a Refinitiv poll and up from 10.1% in January. On a m...

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  • Mar 15, 2023

    US annual consumer inflation eased in line with expectations to 6.0% in February but remains elevated, according to government data released on Tuesday, adding pressure to the Federal Reserve as it mulls further rate hikes to cool prices at its next meeting. The consumer price index rose six percent...

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  • Jan 03, 2023

    As per the Swedish government itself, the Nordic country is entering an enduring recession which is expected to last until 2025, marked by a shrinking GDP and growing unemployment. The number of bankruptcies in Sweden has risen to its highest level in a decade during the second half of 2022, accord...

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  • Jan 03, 2023

    The United Kingdom will face one of the longest recession and weakest recovery among G7 countries throughout 2023 due to long-term inflationary effects of the pandemic and conflict in Ukraine, the US media reported, citing leading UK economists. According to economists interviewed by the media, the...

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  • Dec 21, 2022

    Americans need to make their own medical risk assessments as Covid-19 cases accelerate in the U.S., President Joe Biden’s chief medical adviser said, reflecting a less virulent virus and public exhaustion with restrictions. “This is not going to be eradicated and it’s not going to be eliminated,” An...

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  • Dec 19, 2022

    The Path to Q1 Deflation The odds that we get at least one month of negative inflation data in Q1 is increasing. Will deflation become a concern in Q1? That is possible (and maybe even probable) if we continue on the course of action that we are currently taking. I do not believe that we will be wor...

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  • Nov 18, 2022

    Generation Z, the youngest generation of American adults, are struggling in an era of high inflation and expensive housing, with more than half of them living with their parents in an uncertain economic environment. At least 54 percent of adults aged 18–25 are opting to live with their parents out ...

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  • Nov 17, 2022

    Why is inflation regarded as bad news? What kind of damage does it do? Popular commentators maintain that inflation causes speculative buying, which generates waste. Inflation, it is maintained, also erodes the real incomes of pensioners and low-income earners and causes a misallocation of resources...

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  • Nov 15, 2022

    Proving that most people have no idea what causes inflation, the majority of Americans in a recent poll said they want the federal government to hand out stimulus checks to combat inflation In the poll commissioned by Newsweek https://www.newsweek.com/majority-americans-backstimulus-checks-inflation...

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  • Sep 30, 2021

    "Inflation" occurs when the creation of currency outruns the creation of real wealth it can bid for… It isn’t caused by price increases; rather, it causes price increases. Inflation is not caused by the butcher, the baker, or the auto maker, although they usually get blamed. On the contrary, by prod...

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