Economic News
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Swiss central bank makes a surprise cut to its key interest rate as others hold steady
The Swiss National Bank says it's trimming its key interest rate, a surprise move that makes Switzerland the first major financial center to announce a cut in recent months
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In Pennsylvania's Senate race, Casey puts 'greedflation' and corporations on the ballot
For Democrats trying to defend the White House and Senate majority, Democratic Sen. Bob Casey of Pennsylvania is emerging as the tip of the spear in trying to reframe the election-year narrative around inflation
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Stock market today: Asian shares rise after Wall Street rallies to records
Asian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year
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New Zealand slips into its second recession in 18 months as economy contracts
New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023
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Some Georgia workers would find it harder to become union members under a new bill
Georgia lawmakers have made it harder for workers at companies getting state economic incentives to unionize, in what could be a violation of federal law
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US inflation up again in February in latest sign that price pressures remain elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easing of price pressures this year
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Federal Reserve still foresees 3 interest rate cuts this year despite bump in inflation
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation remained elevated at the start of the year
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Czech Republic's central bank cuts a key interest rate again to help the economy as inflation falls
The Czech Republic's central bank has cut its key interest rate for a third straight time amid falling inflation and an effort to help the economy
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UK inflation falls by more than expected in February, triggering talk of lower interest rates
Price rises in the U.K. eased more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months
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Inflation remains a headache for small business owners
Inflation remains a top concern for small businesses, which reported lower optimism in February
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