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ECB stimulus plans fail to boost financial markets
The European Central Bank pulled out all the stops with its rate cut and stimulus measures, but the region’s stock markets enjoyed only a brief bounce before investors focused on ECB chief Mario Draghi’s statement that interest rates...
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January eurozone inflation weaker than first thought, cheaper oil the main drag
The spectre of deflation hangs over the eurozone as the European Union’s statistics office revised downward its initial inflation estimate for January. It seems consumer prices in the region grew 0.3 percent year-on-year rather than the...
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Latest eurozone price weakening fuels deflation fears
The eurozone’s price problem continues as – dragged down by cheaper oil – inflation fell in February. It was down by 0.2 percent after rising 0.3 percent in January. But most worrying for the policymakers at the European Central Bank,...
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The Ticker
Conor Bill, managing director, Mt. Auburn Capital, talks about some of the day's top stories
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ECB’s Draghi: We have to aggressively fight ultra-low inflation
We have to aggressively fight ultra-low inflation – that was the message repeated by European Central Bank President Mario Draghi on Thursday, who said the risk of acting too late is greater than that of acting too early. Speaking during...
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Russia economy shrank 3.7% in 2015, inflation up 13%, retail sales fall 10%
Collapsing oil prices continue to hammer the value of the Russian currency – the rouble – as inflation there pushes upwards and people cut back on purchases. The numbers are stark. Last year Russia’s economy contracted by 3.7 percent...
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Inflation headache for ECB with second monthly growth drop
Inflation in the eurozone dipped for the second month running in December, disappointing the European Central Bank whose stimulus measures have so failed to meet their growth objectives. Core inflation, which excludes volatile energy and...
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Falling oil prices wreak havoc in Venezuela
The tumbling oil price has had a catastrophic effect in Venezuela, which has the dubious privilege of having the world’s highest inflation. The value of oil revenues can be seen in OPEC’s figures: they account for roughly 95 percent of...
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Food prices to rise
Renee Filippone explains why inflation at the grocery store has been high this year and will continue in 2016
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White House reacts to inflation rate increasing
An analysis says President Trump's tariffs would raise prices by almost 2.1% in the short run, costing the typical middle-class household more than $2,800 per year. (Scripps News)
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Fed's Delay Sparks Global Sell-Off
As markets plunge and economic fears rise, investors speculate the Fed might cut rates urgently.
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Ethiopia economic challenges: Farmers look for solutions to survive
Al Jazeera meets the Ethiopian farmers turning to traditional methods to ease a food crisis that has left 20 million people dependent on aid
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Bank of Canada drops key interest rate to 4.5%, hints more cuts coming
The Bank of Canada cut its key interest rate to 4.5 per cent Wednesday — its second rate cut since June. Governor Tiff Macklem says if inflation continues to drop, ‘it is reasonable to expect further cuts.’
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LI voters call for help with affordability and cost of living in Trump RNC speech
Political analyst Michael Dawidziak said that Trump had to appeal to moderates, the people who make the difference in swing states.
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Conservatives' broken promises to northern England point to election wipeout
In central and northern England, the Labour Party has reclaimed numerous seats that were lost in the 2019 general election
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Approved rent increases on rent-stabilized apartments disappoints Westchester's tenants, landlords alike
Tenant's advocacy groups say an increase of any kind makes a difference for people already spending a big chunk of their paychecks on rent.
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Sticky Inflation Could Make an Unwelcome Summer Comeback
After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.
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Is Pakistan’s crisis-ridden economy finally recovering?
Ahead of the country’s budget on Wednesday, inflation is down, forex reserves are up. But analysts warn it’s early days.
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Months Before the Election, the Candidates Are Impacting the Economy
Americans won’t go to the polls until November, but election years tend to benefit stocks – and so far, this year is no exception.
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Iranian voters divided on whether elections will address pressing economic concerns
The strained economy in Iran is what concerns many voters on the eve of the presidential election.
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Amid cost of living crisis, UK election campaigners care little about rising poverty
About 30 percent of British children live in poverty, but the crisis isn't a priority for politicians campaigning for next month's elections
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Iranian presidential hopefuls discuss sanctions and foreign policy ahead of Friday's vote
Iran’s presidential candidates debated foreign policy, pledging better international relations and lifting sanctions.
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Iran presidential candidates discuss economy in first of five televised debates
ran's presidential candidates debated economic policies in Tehran. Elections on June 28 follow President Raisi's death.
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Argentina's Milei marks six months as president amid economic turmoil
Inflation has come down under Javier Milei’s presidency - but this has come at the cost of slashing public sector jobs and subsidies.