Tag: Inflation
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FED Rate Cut: A Global Catalyst
The recent decision by the Federal Reserve to reduce interest rates by 50 basis points (bps) is a significant move aimed at stimulating economic growth by lowering borrowing costs. However, this decision has far-reaching implications beyond the U.S., affecting global…
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Britain’s Wage Dilemma: Balancing Growth and Inflation in the Face of Economic Uncertainty
Towards the end of 2023, wages (excluding bonuses) increased by 6.2% in Britain. Despite the concerns of the economy entering a shallow recession, this is only a slight decline from 6.7% growth in the previous quarter. It can be attributed…