Major banks are raising their Brent crude oil price forecasts in response to persistent shipping disruptions in the Middle East. The Frankfurt-based …
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persistent
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Finance
Rate-cut expectations fade as strong PPI data signals persistent inflation pressure
by shayaanby shayaanA stronger-than-expected U.S. inflation print has complicated the Federal Reserve’s policy outlook, with markets rapidly repricing the likelihood of rate cuts this …
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ECB chief economist Philip Lane warned the central bank could still raise interest rates if inflation’s impact lasts longer than expected, keeping …