The combination threatens to undermine consumers and businesses just as their resilience shows signs of cracking under the weight of higher interest rates, making a sharp slowdown in growth likely ...

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US Federal Reserve set to hold interest rates but leave tightening in play

The move marks the clearest sign yet that officials think the risks confronting the US economy have become more complex ... who led the research and statistics division at the Fed until 2018. “Today ...

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Gold hovers near six-month low as markets brace for US economic data

Gold steadied on Thursday, although prices hovered near a six-month low hit in the previous session due to an elevated dollar and Treasury yields, with markets awaiting U.S. economic data for clues on ...

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Declining US consumer confidence casts shadows over economy

Consumer sentiment is often regarded as the barometer of the US economy, given that nearly 70 percent of it relies on consumer spending. However, recent data reveals a gradual decline in consumer ...

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The deep rooted problem holding back the UK economy

Locals bristle at the city being called a "concrete jungle". There is a lot of greenery as well as 1960s and 70s concrete. But some of what was new and gleaming back then, now needs the funding to be ...

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