Web2 days ago · Over the past year, the US Federal Reserve has raised its benchmark interest rate nine times for a total of 4.75 percentage points to curb rising inflation. This is said to be central bank's fastest pace of tightening in the last four decades. Also Read: India's retail inflation drops to 15-month low of 5.66% in March 2024. First Published: Apr ... Web2 days ago · Oil prices rose 2% on Wednesday as cooling U.S. inflation data spurred hopes that the Federal Reserve is getting closer to ending its cycle of interest-rate hikes and cushioned the impact of a ...
Us Inflation Rises To 5% In March
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