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Inflation

The Fed’s Rate Cut Thinking

US Federal Reserve chairman Jerome Powell (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via ... Getty Images)AFP via Getty Images The Federal Reserve made a relatively large reduction in short-term interest rates at its…

UK inflation, August 2024

LONDON — U.K. inflation held steady during the month of August, data from the Office for National Statistics showed Wednesday, and matched analyst expectations.The headline consumer price index (CPI) was in line with the previous 2.2%…