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The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," Powell said.
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The Fed has a duty to prevent a one-time spike in prices from becoming an "ongoing inflation problem," Powell said.
Rice prices doubled last month in Japan as core inflation accelerated, official data showed Friday, posing a threat to Prime Minister Shigeru Ishiba ahead...
British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling expectations that the Bank of England will...
The US central bank is expected to hold interest rates steady Wednesday after its key policy meeting, as officials gauge the impact of tariffs...
All is calm at Satoshi Yamazaki’s rice farm, with its freshly planted rows of vivid-green seedlings, but a row over the cost of the...
The consumer price index (CPI) came in at 2.4 percent from a year ago, after a 2.3 percent reading in April.
Russian pensioner Roman Paltievich stared at the prices for apricots, tomatoes and watermelons stacked high on stalls at a Moscow market — foods that...
The World Bank slashed its 2025 global growth forecast Tuesday, citing trade tensions and resulting policy uncertainty.
Chinese consumer prices fell for the fourth straight month in May, data showed Monday, as the world’s second biggest economy struggles with sluggish spending...
US President Donald Trump’s tariff blitz, persistent growth worries and slowing inflation are expected to prompt eurozone rate-setters to lower borrowing costs again on...