Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.
Tag: Inflation (Economics)
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The Fed’s War on Inflation Is a Class War
When the Federal Reserve uses interest rate hikes as a blunt tool, American workers are the inevitable casualty.
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Why Schwab Got Hit in the Panic Over Regional Banks
Like Silicon Valley Bank, the company holds billions in bonds that have declined in value. But it has access to billions in cash, if needed, analysts say, and is much more diversified.
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The Fed’s Preferred Inflation Gauge Cooled Notably in February
A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
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Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned
Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.