U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Higher prices for car insurance, airfares and a record monthly increase in the cost of prescription drugs paced the rise core ...
The report incorporated new weights for the consumer basket to try to more accurately capture Americans’ spending habits, which resulted in minimal revisions to the CPI last year. Some Fed officials ...
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
The Greenback raced to weekly highs near 108.50 measured by the US Dollar Index (DXY) right after the latest US CPI data hit the wires, propelled further by a strong uptick in US Treasury yields ...
Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...
The Japanese Yen continues losing ground amid worries about Trump’s trade tariffs. Fed’s hawkish stance revives the USD ...
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SA People on MSNMinimum wage struggles to keep pace with rising food prices in South AfricaWhile the minimum wage in South Africa increased by 38% over the past five years, the price of the food basket increased by ...
Millions of workers in South Africa earn the minimum wage and struggle to afford basic food items and the gap is just getting ...
Cosatu, Numsa and Saftu said this is a painful reminder of how little workers are paid and how much the cost of living has ...
Workers spend over 57% of their earnings on transport and electricity, highlighting South Africa's worsening affordability ...
With inflation sticky, market participants have been steadily paring back their expectations for an interest-rate cut at the ...
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