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... over higher prices and rising household debt. The Bank of... monetary policy in order to sustain the recovery of economic... controlling financial risks amid surging house prices and household...
Business
Mr Powell is set to stay in the role, which includes managing inflation and regulating the financial system, for a further four years. He was initially appointed by former President...
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The Taliban has banned the use of foreign currencies in... country require that all Afghans use Afghani currency in their... the Taliban took control. The US dollar has been...
Business
... In March 2020, as the coronavirus pandemic caused the biggest economic slowdown... spend. That pent up demand is pushing up the cost of... which are in short supply because of...
Business
The US economy continues to strengthen, albeit at a slower rate because of the Delta variant of Covid, the US Federal Reserve has said. The central... from current rock bottom...
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... and a decision by Elon Musk s Tesla not to... more mainstream financial companies begin using the digital currency. Bitcoin... when it was trading at just $27, 700. On Monday,...
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... tanked on Thursday after the US Federal Reserve warned it could soon... the economy. An increase in coronavirus in some countries, signs... investors. AJ Bell investment director Russ Mould...
Business
. of a resurgence of the coronavirus have been building and... in both monetary and fiscal stimulus, investors may have begun... upside, official figures from the US Commerce Department revealed...
Business
Official US figures showed that inflation, ... the figures could be rising because of temporary factors like... the report, the Dow Jones Industrial Average lost almost 2 , ... 500 fell 2.14...
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... at Charles Schwab, said The US economy is accelerating quickly... recession and rapid recovery within just five quarters. The strong... boosted domestic demand and allowed businesses such as restaurants...
Business
... much smaller than expected, suggesting businesses have adapted to trading... recovery will be stronger than previously expected, thanks in large... sets interest rates, was more cautious. It said recent...
Business
... Bitcoin s rally above US$15, 000 has reignited debate over... so called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic. The world s... would...