Inflation
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March's miserable jobs report stoked a debate about the strength of the recovery but helped settle any uncertainty over Federal Reserve policy.
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What's bad news for corn investors could be good news for battered consumers if trends hold up.
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*West African state rebounding from decade of turmoil. ABIDJAN, March 27- The International Monetary Fund sees economic growth in top cocoa grower Ivory Coast reaching 8 percent in 2013, up from a previous forecast of 7 percent, a senior Fund official said on Wednesday.
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The Treasury sold $35 billion in 5-year notes at a high yield of 0.760 percent with a bid-to-cover ratio at 2.73, reports CNBC's Rick Santelli.
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MOSCOW, March 27- Russia's consumer prices rose 0.1 percent in the week to March 25, the same pace as in the three preceding weeks, the Federal Statistics Service said on Wednesday. This brings inflation since the start of the year to 1.9 percent compared to 1.3 percent in the same period of 2012.. The Economy Ministry expects monthly inflation to come in at.
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Mark Fuchs, CEO of Fuchs Capital Partners, says the new central bank chief in Indonesia is an "inflationary hawk" and that his appointment could assuage some of the currency concerns felt in the market.
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WELLINGTON, March 27- New Zealand's business confidence eased back from a 19- month high in March, but firms remained cheered by the economic outlook despite a drought, an ANZ Bank survey showed on Wednesday.
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NEW YORK, March 26- U.S. consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
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NEW YORK, March 26- U.S. consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
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BUDAPEST, March 26- The National Bank of Hungary released new inflation and economic growth projections on Tuesday. Following are the latest forecasts from the bank's quarterly inflation report, in percentage terms, with the previous forecasts in brackets. The central bank is expected to publish the report with further forecasts on Thursday.
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NEW YORK, March 26- U.S. consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
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NEW YORK, March 26- U.S. consumer confidence tumbled in March as Americans turned more pessimistic about economic prospects in the short term, according to a private sector report released on Tuesday.
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PARIS, March 26- French consumer morale weakened more than expected in March as surging unemployment cast a cloud over the outlook for the euro zone's second-biggest economy, data showed on Tuesday.
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Bank of Japan Governor Haruhiko Kuroda said the central bank will seek to push down yields across the curve by purchasing longer-dated government bonds, underscoring its resolve to aggressively beat deflation.
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WASHINGTON, March 25- Federal Reserve Chairman Ben Bernanke on Monday defended the central bank's aggressive easing of monetary policy, saying while it was aimed at bolstering the U.S. economic recovery, it was helping other countries as well.
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MANILA, March 25- The Philippine central bank expects an annual inflation rate of between 2.8 to 3.7 percent in March, taking into account higher electricity rates and lower oil and food prices, Governor Amando Tetangco said on Monday. "Inflation continues to be low and favorable," Tetangco said. said in a mobile phone message to reporters.
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Singapore's consumer price index rose by a stronger-than-expected 4.9 percent in February from a year earlier, mainly because of a spike in private road transport costs.
