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Australia’s central bank hiked rates for fear inflation was becoming entrenched

Australia’s central bank hiked rates for fear inflation was becoming entrenched

© Reuters. Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo SYDNEY, June 20 (Reuters) – Australia’s central bank’s decision to hike interest rates in June was “finely balanced” but judged necessary to ensure high inflation did not become embedded in wage and…

Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg

Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg

© Reuters. FILE PHOTO: A shopper looks at food displayed in a supermarket ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 22, 2022. REUTERS/Jim Vondruska/File Photo   GS -0.42% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

Argentina inflation seen hitting 149% this year, up from previous poll

Argentina inflation seen hitting 149% this year, up from previous poll

© Reuters. FILE PHOTO: A costumer counts money before buying tangerines in a green grocery store, as Argentines struggle amid rising inflation, in Buenos Aires, Argentina May 11, 2023. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous…