Most Officials Worried About Inflation Moving Higher
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Canada, UK inflation
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inflation, Rises
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Opendoor Technologies has a challenging business model and, on top of that, has executed it poorly. Higher inflation may keep rates elevated, which would work against Opendoor. The company's CEO recently resigned,
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.
The housing market is juggling mixed economic signals-ranging from stubborn shelter costs to easing mortgage rates.
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,
James Sproule, chief U.K. economist at Handelsbanken, discusses the latest British inflation data and its impact on the Bank of England's rate cut trajectory.
The Trump tariffs present something of a mystery. Trump's new import taxes raise the cost of many imported products by nearly 20%, on average. Yet price changes at the wholesale and retail level are nowhere near that magnitude.
The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and cooler domestic inflation data raised expectations the Bank of Canada would cut interest rates in the coming months.
Annual inflation rose to an 18-month high, increasing the chance that BOE policymakers might hold off from cutting rates in the coming months.
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