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Economies unable to put halt inflation as labor markets are very stretched

The Monetary Policy Committee (MPC) of the Reserve Bank of New Zealand has increased the Official Cash Rate (OCR) from 3.5% to 4.25%. Demand in the New Zealand economy has been resilient to global and...

Disturbing war leaves markets in chaos, mediocre GDP data in Europe

The ongoing combat hostilities between Russian and Ukrainian forces in the recently erupted war have seen devastating effects on markets in the past 24 hours. The price of the Ruble spiked to 89 for...