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Economy
Saudi Arabia slashes growth forecasts, sees wider budget deficits
Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia cut its growth forecasts and raised its budget deficit estimates for the…
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Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’
US Federal Reserve chairman Jerome Powell holds a press conference in Washington, DC, on September 18, 2024.Mandel Ngan | AFP | Getty…
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Prices rise 2.2%, less than expected
A customer shops at a Whole Foods grocery store in Edgewater, N.J. on Sept. 11th, 2024.Adam Jeffery | CNBCInflation moved closer to the…
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Swiss central bank cuts rates by a quarter point in third trim this year
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis…
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September consumer confidence falls the most in three years
Consumers' view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and…
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Britain’s finance minister calls for spending discipline but no return to austerity
Rachel Reeves, Chancellor of the Exchequer, speaks to the media ahead of her keynote speech during the Labour Party Conference 2024 at…
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The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new…
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a "recalibration" of policy at a…
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Bank of England holds interest rates steady after August cut
Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary…
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Ray Dalio says the Fed faces a tough balancing act
Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021…
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Ray Dalio names the top five forces shaping the global economy
Ray Dalio, founder of Bridgewater Associates LP, speaks during an interview on the sidelines of the Milken Institute Asia Summit in…
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