• August 27, 2024

Kroger Egg Pricing Turns Merger Trial Into Inflation Fight

(Bloomberg) -- Kroger Co. hiked prices on milk and eggs more than needed to account for inflation, the company’s top pricing executive testified during a court hearing on the US government’s bid to ...

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• August 27, 2024

Argentina’s Milei Lowers Key Import Tariff To Cool Inflation

(Bloomberg) -- Argentina is lowering a key import tariff in an effort to further cool inflation as President Javier Milei weighs the trade-offs between economic targets often at odds. Economy Min...

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• August 27, 2024

Harris campaign releases new ad to highlight plans to build 3 million homes and reduce inflation

WASHINGTON (AP) — Vice President Kamala Harris has a new advertising push to draw attention to her plan to build 3 million new homes over four years, a move designed to contain inflationary press...

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• August 27, 2024

Maduro Puts Key Allies in Oil, Interior Ministries After Vote

(Bloomberg) -- President Nicolás Maduro appointed Delcy Rodríguez as Venezuela’s new oil minister and put Diosdado Cabello in charge of the joint interior and justice ministry, promoting key allies ...

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• August 27, 2024

Chicago and NY Fed directors favored discount rate cut in July

By Michael S. Derby (Reuters) -Members of the boards of directors overseeing the Chicago and New York Federal Reserve banks voted in favor of lowering by a quarter percentage point the central ba...

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• August 27, 2024

Carlyle’s Currie Sees Risk of Oil-Price Spike After ‘Carry Trade’

(Bloomberg) -- Oil prices face increased risk of a spike following a “carry trade” that has diverted much-needed capital from the market, according to veteran commodities analyst Jeff Currie. Hig...

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• August 27, 2024

Fed Bets Fuel Best Month of 2024 for Latin America Local Debt

(Bloomberg) -- Latin America’s local-currency bonds are staging the strongest monthly advance this year as the Federal Reserve draws closer to cutting interest rates for the first time since the ons...

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• August 27, 2024

Libya Outages and Middle East Tensions Spark Supply Concerns. WTI Nears key $77.40 Resistance

Brent, WTI Oil News and Analysis Geopolitical uncertainty and supply concerns have propped up oil Oil prices settle ahead of technical area of confluence resistance ...

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• August 27, 2024

Analysis-Mexico central bank has growing inflation challenge: extortion

By Noe Torres, Lizbeth Diaz and Ana Isabel Martinez MEXICO CITY (Reuters) - Beyond the common challenges like currency fluctuations and supply shocks that keep the world's central bankers up at n...

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• August 27, 2024

Brazil’s Annual Inflation Barely Slows as Investors Bet on Interest Rate Hikes

(Bloomberg) -- Brazil’s annual inflation cooled roughly in line with expectations in early August, providing limited relief to a central bank that’s under sustained pressure to raise interest rates....

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