Economic News
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US filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation
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Bank of England raises interest rates by half-point to tame high inflation that's driving cost-of-living crisis
Bank of England raises interest rates by half-point to tame high inflation that's driving cost-of-living crisis
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Here's what the Fed interest rate hike means for you
The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive
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Asian stocks rise after Fed sees inflation improving
Asian stock markets have gained after the Federal Reserve said the U.S. economy is moving toward lower inflation but more interest rate hikes are planned
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Fed lifts rate by quarter-point but says inflation is easing
The Federal Reserve extended its fight against high inflation by raising its key interest rate a quarter-point, its eighth hike since March
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Here's what the Fed interest rate hike means for you
The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive
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Job market still hot, December openings rise to 11 million
U.S. job openings rose to 11 million in December, a sign the American labor market remains hot and a blow to the Federal Reserve’s efforts to cool it off
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India to raise spending on job creation ahead of election
Indian Prime Minister Narendra Modi’s government plans to ramp up capital spending by 33% in a $550 billion annual budget designed to spur economic growth and create jobs ahead of a general election next year
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European inflation eases for 3rd month but prices still bite
Europe’s inflation rate has dipped at the start of the year, giving some relief to consumers but still leaving them facing higher prices
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Inflation drops again in the European Union countries that use the euro currency but still hits painful 8.5%
Inflation drops again in the European Union countries that use the euro currency but still hits painful 8.5%
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