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U.S. economy is still growing, ISM says, even as Trump tariffs generate ‘great uncertainty’ and fuel further inflation
The large service side of the U.S. economy that employs most Americans grew in February, but businesses said they were nervous about the Trump tariffs and were already facing higher costs.MarketWatch - 1d -
Weakening UK demand could help bear down on inflation, says BoE governor
Andrew Bailey plays down risks of self-reinforcing acceleration in price growthFinancial Times - 1d -
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023Financial Times - 7h -
Supermarket giant Kroger says egg prices jumped 70% — but it’ll handle inflation from tariffs better than others
Kroger’s stock rose Thursday after the supermarket giant said it’s better suited than others to handle the impact of trade tariffs, since many of its wares come from domestic sources.MarketWatch - 3h -
Should you open a high-yield savings account with inflation rising again? Here's what experts think.
A high-yield savings account can help offset some higher costs due to rising inflation. Here's what to know now.CBS News - 4h