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npub1nnf…ffs2
2024-05-02 08:48:46
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US Federal Reserve Maintains Steady Interest Rates Amid Concerns of Stubborn Inflation
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#2140b79c ver:1.01

The US Federal Reserve maintains steady interest rates amid concerns of stubborn inflation, keeping rates at 5.25% to 5.5%. The decision reflects a shift from previous projections of rate reductions, potentially impacting President Biden's re-election bid. The Fed remains cautious about stagflation but expresses optimism that inflation will decrease. The central bank also announces a slower pace of unwinding COVID-era policies. Wall Street initially reacts positively, but stock prices later erase gains. #FederalReserve #InterestRates #Inflation #Economy...

#newstr #FederalReserve #InterestRates #Inflation #Economy

https://here.news/story/2140b79c?ver=1.01


President Biden Criticizes Japan, China, and Russia for Xenophobia and Economic Struggles
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#99e2f5f5 ver:0.17

President Biden criticizes Japan, China, and Russia for xenophobia and economic struggles, blaming their reluctance to welcome immigrants for their economic difficulties. He argues that migration has been beneficial for the US economy. The International Monetary Fund predicts slower growth for these countries in 2024. Biden has been working to strengthen relations with Japan and India to counter China and Russia. #Biden #xenophobia #economy #immigration...

#newstr #PresidentBiden #Japan #China #Russia #Xenophobia #EconomicStruggles #Immigration

https://here.news/story/99e2f5f5?ver=0.17


Oil Prices Rebound on Prospect of US Replenishing Strategic Reserve Amid Middle East Ceasefire Prospects and Inflation Concerns
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#5ff93c9a ver:1.32

Oil prices rebound as US plans to replenish strategic reserve, ceasefire prospects in Middle East, and inflation concerns drive up demand. Brent crude futures rise 0.6% to $83.92, WTI crude climbs 0.6% to $79.46. #OilPrices #USreserve #MiddleEast #Ceasefire #Inflation...

#newstr #OilPrices #UsStrategicReserve #MiddleEastCeasefire #InflationConcerns #BrentCrude #WtiCrude #StrategicPetroleumReserve #Eia #FederalReserve #Opec #Opec+

https://here.news/story/5ff93c9a?ver=1.32

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