Economy

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Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid

Inside the Fed: Powell vows he won't be a 'shadow chair,'...

When the Fed gathers again, it will mark the first time a sitting and former chair...

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Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

Core inflation rate hit 3.2% in March as first-quarter...

Consumers faced escalating prices in March as the Iran war sent oil soaring and...

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Will rates go higher in Europe this week? Central banks confront stagflation threat

Will rates go higher in Europe this week? Central banks...

The European Central Bank and Bank of England are expected to hold their nerve and...

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'Resumption of hostilities': Seized ship, vessel attacks push U.S.-Iran ceasefire toward brink

'Resumption of hostilities': Seized ship, vessel attacks...

A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire...

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Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold

Fed Governor Waller says Iran war and labor market risks...

Federal Reserve Governor Christopher Waller on Friday said current economic conditions...

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We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns

We spoke to over 30 central bankers, policymakers and politicians....

From stagflation to energy security, policymakers spoke to CNBC about the biggest...

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Markets shift back toward potential Fed rate cut this year with Iran ceasefire in place

Markets shift back toward potential Fed rate cut this year...

Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the...

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Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

Iran oil shock stirs memories of 1997 Asian Financial Crisis...

The Hormuz disruption is hammering Asian economies with surging energy costs and...

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Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows

Inflation held sticky at 3% as U.S. headed into war with...

The gauge released Thursday offers the Federal Reserve a snapshot of conditions...

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Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

Consumer prices rose 3.3% in March, as energy prices spiked...

The consumer price index was expected to show a 3.3% year-over-year gain in March,...

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Consumer sentiment hits record low, inflation fears rise amid Iran war

Consumer sentiment hits record low, inflation fears rise...

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7%...

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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

Hormuz blockade could deepen world’s worst energy crisis...

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic,...

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Wholesale prices rose 0.5% in March, much less than expected despite war impact

Wholesale prices rose 0.5% in March, much less than expected...

The producer price index was expected to increase 1.1% in March, according to the...

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CEOs are betting AI will augment work rather than displace all workers

CEOs are betting AI will augment work rather than displace...

Panelists at the Semafor World Economy conference said artificial intelligence can...