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Tag: inflation

Rising costs compound credit card debts for many Americans
Economy

Rising costs compound credit card debts for many Americans

February 6, 2024February 6, 2024

While the U.S. economic system is displaying indicators of restoration, many Americans have depleted their financial savings and run up their bank card balances after

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Big switch at Turkish central bank – but not in policy
Economy

Big switch at Turkish central bank – but not in policy

February 5, 2024February 5, 2024

The reshuffle at Türkiye’s central financial institution brings a couple of large change on the helm however is all however certain to maintain in place

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New Turkish central bank governor vows to prioritize disinflation
Economy

New Turkish central bank governor vows to prioritize disinflation

February 4, 2024February 4, 2024

The newly appointed governor of the Central Bank of the Republic of Türkiye (CBRT), Fatih Karahan emphasised Sunday in a press word the willpower to

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BoE, like US Fed, edges toward rate cuts – but not quite yet
Business

BoE, like US Fed, edges toward rate cuts – but not quite yet

February 3, 2024February 3, 2024

The Bank of England (BoE) on Thursday adopted within the footsteps of the U.S. Federal Reserve (Fed) to open up the potential of reducing rates

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IMF ups Türkiye, world 2024 forecast, sees global ‘soft landing’
Economy

IMF ups Türkiye, world 2024 forecast, sees global ‘soft landing’

January 30, 2024January 30, 2024

The International Monetary Fund (IMF) on Tuesday cited sudden “resilience” in main superior and rising market economies and faster-than-expected easing of inflation, because it edged

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US Fed rate cuts become question of not if but when
Business

US Fed rate cuts become question of not if but when

January 29, 2024

As inflation edges nearer to the U.S. Federal Reserve’s (Fed) long-run goal of two%, the U.S. central financial institution is extensively anticipated to chop rates

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US giant Vanguard reengages with Turkish bonds after policy shift
Business

US giant Vanguard reengages with Turkish bonds after policy shift

January 19, 2024January 19, 2024

Vanguard, the world’s second-largest funding agency, lately determined to reengage with native forex authorities bonds in Türkiye, a senior portfolio supervisor on the firm mentioned

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UK inflation halts 10-month slide to scale back bets on BoE rate cut
Business

UK inflation halts 10-month slide to scale back bets on BoE rate cut

January 17, 2024January 17, 2024

Consumer value inflation within the United Kingdom elevated unexpectedly final month, official figures confirmed Wednesday, dashing expectations of a slowdown, dimming hopes of an early

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CBRT vigilant on inflation risks, ready to act if needed: Governor
Business

CBRT vigilant on inflation risks, ready to act if needed: Governor

January 15, 2024January 15, 2024

Türkiye’s central financial institution is cautious about inflation dangers and able to take any crucial motion if wanted, its governor mentioned at an investor assembly

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CBRT chief assures investors 2024 year of disinflation in Türkiye
Business

CBRT chief assures investors 2024 year of disinflation in Türkiye

January 13, 2024January 13, 2024

Türkiye’s central financial institution chief on Thursday instructed buyers that 2024 can be a 12 months of disinflation, stressing dedication to curb the tempo of

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