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Tag: inflation

Argentina Clisa Pleads for Debt Relief Amid Crisis

Argentina food company Clisa asked creditors to ease debt terms after the…

Mexico Maintains Record Interest Rate Amid Rising Inflation: Central Bank Signals Potential Cut

Mexico's central bank, known as Banxico, opted to keep its key interest…

Pimco Predicts BOJ to Initiate Multiple Rate Hikes, Ending Era of Negative Interest Rates

Pacific Investment Management Co. (Pimco) anticipates a significant shift in the Bank…

Chinese Stock Rally Accelerates Amid Growing Policy Support: Market Update

The rally in Chinese shares gained momentum as authorities escalated support measures,…

Treasury Yields Surge on Strong Jobs Data, Dashing Rate-Cut Hopes

Treasury yields experienced a significant surge following the release of stronger-than-expected January…

Canadian Homebuyers Act Amid Rate Cut Speculations

Canadian homebuyers are exhibiting a sense of urgency in the housing market,…

Egypt Raises Rates in IMF Deal Signal, Potential Devaluation Looms

Egypt has implemented a surprising move by raising interest rates for the…

US Mortgage Rates Dip to 6.63% Amid Federal Reserve’s Steady Stance

In a boon to the housing market, mortgage rates in the United…

Brazil’s Central Bank Reduces Rates to 11.25% Amidst Slowing Inflation

Brazil's central bank has announced a half-percentage point reduction in its key…

Wall Street Receives Reality Check as Powell Dampens Expectations for Rapid Rate Cuts

Jerome Powell sent a clear message to traders anticipating swift interest rate…