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Argentina’s inflation rate expected to hit 95% this year

Argentina’s inflation rate expected to hit 95% this year

© Reuters. FILE PHOTO: Pedestrians pass by Argentina’s Banco Central (Central Bank) in Buenos Aires’ financial district, Argentina, January 8, 2018. REUTERS/Agustin Marcarian/File Photo BUENOS AIRES (Reuters) – Economists hiked their estimate for annual inflation in Argentina this year to 95%, a monthly poll published Friday by the central bank showed, as the country struggles…

Stocks jump as growth shares lead; 2-year U.S. yields hit 14-year highs

Stocks jump as growth shares lead; 2-year U.S. yields hit 14-year highs

© Reuters. A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Caroline Valetkevitch NEW YORK (Reuters) – Global stocks rallied on Friday, led by technology and growth shares,…

Fed officials reluctant to call inflation peak as policy meeting looms

Fed officials reluctant to call inflation peak as policy meeting looms

© Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir WASHINGTON (Reuters) – Federal Reserve officials on Wednesday said they still aren’t convinced the worst of the U.S. inflation scare has passed, in comments…

U.S. firms see tentative progress on inflation and labor supply, Fed says

U.S. firms see tentative progress on inflation and labor supply, Fed says

© Reuters. A “now hiring” sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder (Reuters) -U.S. firms reported economic activity was unchanged in July through late August, with further softening expected over the next year even as they saw some tentative greenshoots in the ongoing battle…