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Inflation slowed in Germany

Inflation in Germany slowed down in March, reaching a level of 2.3% compared to 2.6% in February 2024. This brings Germany closer to the European Central Bank’s inflation target of 2%. Economists surveyed by Reuters had anticipated that Germany’s harmonized inflation rate would be 2.4% in March, down from 2.7% …

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Will Consumer Spending Likely Stop Fed’s Rate Cuts?

Federal Reserve’s officials and policymakers are surely thinking about cutting interest rates, but one important question is yet unanswered: how will consumer spending patterns affect this choice? Generally speaking; higher interest rates would cause consumers and corporations to reduce their expenditure. Stock prices will retreat as a result, and earnings …

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