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...Barrow began his Foreign Office career in 1986 and rose to become the second permanent secretary and political director at the department, before becoming national security adviser to Liz Truss, and now...
...US inflation rose to 3.5 per cent in March, surpassing expectations and marking the second increase in a row, as the Federal Reserve considers how long to keep interest rates at a 23-year high....
...The remarks come after March data showed inflation rose more than expected, prompting traders to rethink their expectations that the Fed would make three quarter-point cuts this year....
...Kahneman rose to prominence in 2002 after he was awarded a share of that year’s Sveriges Riksbank Prize in Economic Sciences for his work on “integrating insights from psychological research into economic...
...US inflation rose unexpectedly to 3.2 per cent last month, in data set to be scrutinised by the US Federal Reserve as it decides when to reduce interest rates....
...It added that February’s unemployment rate rose to 3.9 per cent, compared with 3.7 per cent the month before. Read more here...
...In the year to December, compensation costs increased 4.2 per cent and wages rose by an average of 4.3 per cent....
...That’s the question facing policymakers gathering in Washington DC for the spring meetings of the IMF and World Bank....
...Robert Hur told members of the US House of Representatives judiciary committee that he did not find evidence of wrongdoing by the president “that rose to the level of proof beyond a reasonable doubt”....
...All of this chatter is calculated to shape decisions in Washington and other Nato capitals. It is a form of influence-making called “intrawar deterrence”....
...The two-year yield rose 0.07 percentage points to 5 per cent....
...Bets of just one cut rose after Powell’s remarks....
...In February, the political neophyte launched a largely self-funded campaign and rose to the debate stage, where he frequently defended Trump and frustrated established politicians with his contrarian and...
...Kahneman, who was 90, rose to prominence in 2002 after he was awarded a share of that year’s Nobel Prize in Economic Sciences for his work on “integrating insights from psychological research into economic...
...Events: President Biden hosts Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr for trilateral talks in Washington....
...Japan’s core inflation rose 2.6 per cent in March on the back of a weaker yen, marking two years since prices began to rise above the Bank of Japan’s target....
...Consumer prices rose by 3.4 per cent, according to figures published by the Bureau of Labor Statistics on Thursday, compared with an annual rate of 3.1 per cent in November....
...Shares of JetBlue rose 5.9 per cent, while shares of Spirit sunk 55 per cent. The two companies as well as the US Department of Justice did not immediately respond to a request for comment....
...Shares of JetBlue rose 5.9 per cent, while shares of Spirit sank 55 per cent. Read more here....
...The core personal consumption expenditures price index showed prices rose by 3.2 per cent last month, down from a revised figure of 3.4 per cent in the year to October, according to data from the Bureau...
...(Washington Post)...
...Bond yields rose after the release, as investors scaled back bets that the Fed would cut interest rates three times this year....
...Two-year Treasury yields, which often track rate expectations and move inversely to prices, rose 0.06 percentage points to 4.59 per cent....
...In February the headline consumer price index and core CPI, which strips out more volatile food and energy costs, rose 0.4 per cent from the prior month....
...Brent crude, the international marker, rose by a similar margin to settle at $87.42/b....
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