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...The measures from the government, which include a 4.5 per cent tax targeting the revenues of foreign-owned retailers and a requirement to lower prices across a range of staples, remain in place even though...
...Ten-year US borrowing costs have risen to 4.2 per cent from 3.9 per cent at the start of the year, but remain far below a peak of more than 5 per cent reached last October when markets were worried about...
...“This last mile of inflation — getting from 3 per cent to 2 per cent — is going to be really hard. Much harder than getting from 9 to 3 per cent.”...
...The rise in consumer prices for the year to February was below both the 3.5 per cent predicted by economists in a Reuters poll and January’s 4 per cent rate....
...Last month, UK inflation was unchanged at 4 per cent, higher than 3.1 per cent in the US and 2.8 per cent in the eurozone....
...“My sense is that the neutral rate has increased to somewhere between 2.5 to 3 per cent” including 2 per cent inflation, he said....
...In the latest summary of their economic projections, the median expectation of members was for a decline in the federal funds rate this year from the current range of 5.25 to 5.50 per cent now, down to 4.60...
...In figures published this week, headline consumer price inflation for February dropped more than expected to 3.4 per cent — the lowest rate since 2021....
...If wages rise faster than the ECB predicts as workers seek to regain their lost purchasing power, that could keep inflation at 3 per cent this year and 2.5 per cent next year, Lagarde warned....
...Along with peers around the world, the BoE’s inflation target is 2 per cent....
...“Economic activity in Belgium at the end of 2023 was 5.5 per cent above its pre-pandemic level, compared with only 3 per cent in the euro area.”...
...Economists polled by Bloomberg had forecast annual consumer price inflation of 2.9 per cent, down from 3.4 per cent in December....
...Read more on the shunto negotiations which mostly concluded today. 3....
...Headline inflation averaged 3.2 per cent last year but has slowed to 2.2 per cent in January on the back of a decline in the imported cost of energy....
...The US grew 2.5 per cent last year and China estimated its annual growth was 5.2 per cent. Additional reporting by Mary McDougall...
...Hundreds of new members joined the Oxford and Cambridge clubs in freshers week last autumn, while in February 40 teams competed in the British Universities team championship, In Division 1, Oxford won on...
...Economists expect the annual rate of inflation to have fallen to 2.9 per cent in January from 3.4 per cent in December....
...Analysts expect the annual inflation rate to fall to 3.5 per cent in February from 4 per cent the previous month....
...range of 1.5 per cent to 3.5 per cent....
...Not only is its GDP growth rate set to moderate this year from the 5.2 per cent it recorded last year, it is also likely that this slower trend will persist for several years to come....
...Female faculty (3): percentage of full-time female members of faculty. Female students (3): percentage of female students on the MBA programme....
...The Fed’s preferred gauge of inflation — the core personal consumption expenditures index — today stands at 3.2 per cent, having fallen from a peak of 5.6 per cent in early 2022....
...Euro area headline inflation dropped to 2.4 per cent in November, close to the ECB’s target of 2 per cent, with many member countries reporting below-target price growth or deflation....
...Fitch Ratings expects UK, Eurozone, and US inflation to still be above target by the end of 2024, ranging from 2.5 to 3 per cent....
...The strongest growth in EU exports over the past year was a 10 per cent rise in shipments to Japan, while those to the US increased 8.5 per cent and to the UK 2.5 per cent....
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