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Search results for “inflation”

22 stories for “inflation”

Stories

22 stories
Markets & Finance

Wholesale prices rise 0.3% in October, annual rate hits 6.5%

Wholesale prices rose 0.3% in October, bringing the annual producer price index to 6.5%, the highest in nearly four years. This ongoing inflation pressure complicates the Federal Reserve's monetary policy...

CNBC Economy · · 1 min read
Markets & Finance

Goolsbee warns of inflation pressures as Fed considers rate hikes

Chicago Fed President Austan Goolsbee described the October inflation report as "borderline disturbing," highlighting ongoing price pressures that may lead the Fed to consider further interest rate hikes. The...

CNBC Finance · · 2 min read
Politics

Democrats gain 500 seats, flip 12 chambers in 2024 elections

Democrats gained over 500 state legislative seats and flipped at least 12 chambers in the 2024 midterm elections, marking the largest shift in state power in a generation. This realignment allows Democrats to...

Politico · · 2 min read
Politics

Chris Hipkins and Chris Luxon face off in New Zealand election

New Zealand's election on 7 November features a close race between Prime Minister Chris Hipkins and former Prime Minister Chris Luxon, with key issues including rising living costs and healthcare strain. The...

BBC World News · · 2 min read
Markets & Finance

Bank of England raises interest rates to 4% amid inflation concerns

The Bank of England is set to raise interest rates from 3.75% to 4% for the first time in over three years due to rising inflation, primarily driven by increased fuel prices. This increase will raise borrowing...

BBC Business · · 1 min read
Politics

Here are a

Democrats won both congressional chambers, ending two years of executive dominance by gaining the power to block presidential actions. The victory reflects voter frustration with inflation and a demand for...

Inside Climate News · · 3 min read
Politics

Poll reveals GOP voters want stronger focus on economic issues

A new poll shows that many Republican voters feel their party is not adequately focusing on economic issues, which could threaten its performance in upcoming elections. As inflation and job growth concerns...

Politico · · 2 min read

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