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...US wholesale prices rose more than expected last month, a signal to the US Federal Reserve that inflation is proving more persistent as the central bank considers when to execute three anticipated rate cuts...
...The dollar — which tends to rise when investors anticipate higher rates — rose 0.2 per cent against a basket of six other major currencies....
...US wholesale inflation declined unexpectedly in December, a sign for the Federal Reserve that price pressures are moderating after a hotter-than-expected consumer price growth report for the same month....
...The data also sparked a rally in European debt....
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...Excluding energy, German producer prices rose 0.8 per cent from a year earlier....
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...R&D tax credits are designed to support companies that work on cutting-edge projects and form a crucial part of a wider government pledge to make Britain a “tech superpower” by 2030....
...The surge in wholesale prices since late 2021 helped fuel a rise in inflation and Britain’s cost of living crisis....
...Britain’s household energy price cap is set to fall by 12 per cent in April following a drop in wholesale gas and electricity prices....
...That was down from a 0.6 per cent rise in February and also below economists’ forecasts for a 0.3 per cent increase....
...Chief executive Larry Fink pointed in a statement to a “strong pipeline” of opportunities....
...falling wholesale market”....
...“I think something that I should have explained better at earnings was that almost all of the increase in investment in R&D is in D. Because that’s where the action is for us....
...Households have been grappling with a surge in energy bills following the jump in wholesale gas prices....
...Wholesale inflation: US producer prices are expected to have risen 2.2 per cent on an annual basis in March, up from a reading of 1.6 per cent in February that was higher than expected....
...At the same time, the wholesale model used by many multi-brand retailers is coming under strain....
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