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Gold rises amid expectations of US inflation data

Gold rises amid expectations of US inflation data

Gold prices remained range-bound today, Tuesday, as investors turned their attention to US inflation data due to be released later this week, which could mark the timing of the first rate cut by the US

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Swiss Central Bank: War on Gaza threatens efforts to reduce inflation in the world

Swiss Central Bank: War on Gaza threatens efforts to reduce inflation in the world

21/3/2024,,Last updated: 3/21/202411:30 pm (Makkah time)Swiss Central Bank President Thomas Jordan warned that the conflict in the Middle East and Israel's continued war on the Gaza Strip could cause major problems for the world's central

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Fuel and cost of living are driving inflation in the US, and the Federal Reserve warns

Fuel and cost of living are driving inflation in the US, and the Federal Reserve warns

US consumer prices rose in February, driven by higher fuel and living costs, reinforcing concerns about persistent inflation and its potential impact on the Federal Reserve's interest rate policy. Reuters cited the latest reports released

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Inflation in Egypt rises to 36%

Inflation in Egypt rises to 36%

Annual inflation (price levels) in Egypt rose to 36% last February from 31.2% last January, according to data from the Central Agency for Public Mobilization and Statistics. The rise in inflation last month was driven

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Turkiye reaffirms its commitment to tackle inflation and unveils a strategy to attract investment

Turkiye reaffirms its commitment to tackle inflation and unveils a strategy to attract investment

Turkish Vice President Cevdet Yilmaz reaffirmed the Turkish Government's commitment to prioritizing reducing inflation to achieve sustainable price stability, while Ahmet Burak Dağlioğlu, Head of the Investment Office of the Turkish Presidency, spoke about the

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Why has the car of inflation and inflation gone without brakes in Egypt?

Why has the car of inflation and inflation gone without brakes in Egypt?

In Egypt people don't talk about anything other than inflation and high prices. They represent a train running without brakes. Even economic experts are finding themselves unable to solve the complexities and puzzles of the

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Inflation in America has increased to 3.1% and there is doubt about an early cut in interest rates.

Inflation in America has increased to 3.1% and there is doubt about an early cut in interest rates.

Market expectations of a US interest rate cut took a hit on Tuesday after US inflation readings came in higher than expected. A report from the US Labor Department showed that the consumer price index