Economy
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U.S., China trade tariffs escalating would be ‘costly for everybody,’ IMF deputy director says
An escalation of trade and tariffs tensions between the U.S. and China would have “costly” economic consequences around the world,…
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Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher…
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IMF warns on China’s property market worsening as it cuts country’s growth outlook
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg…
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IMF says global fight against inflation is ‘almost won’ but warns of rising risks
Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces…
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IMF hikes UK growth outlook amid lower inflation and interest rates
General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty…
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Here’s why inflation may look like it’s easing but is still a huge problem
A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell |…
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U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images The Biden…
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Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve,…
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UK inflation falls sharply to 1.7%, below Bank of England’s target for first time in over three years
The Canary Wharf business district is seen in the distance behind autumnal leaves on October 09, 2024 in London, United…
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The Federal Reserve may have pretty much just hit its 2% inflation target
Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee…
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