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24.09.26 - 01:15
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Fed′s Barr says future interest rate hikes ′likely′ needed to tame inflation (The Hill)
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Federal Reserve Governor Michael Barr said Wednesday the central bank will “likely” raise interest rates again to counter persistent inflation, after it did so last week for the first time in three-plus years. Barr, a member of the rate-setting Federal Open Market Committee (FOMC), said the unanimous decision to raise the benchmark interest rate by......
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24.09.26 - 00:24
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Asian Stocks, Bonds to Slide on Inflation Jitters: Markets Wrap (Bloomberg)
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Stocks and bonds in Asia were set to decline Thursday, tracking Wall Street losses as an oil rally and stronger-than-expected US economic data fueled inflation concerns and bets on further interest-rate hikes. The yen, near a three-week low, will be in focus as Japanese markets reopen....
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