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A market in Tokyo in June 2023. Richard A. Brooks | Afp | Getty Images Japan’s headline inflation rate slipped to 2.3% in October, its lowest level since January and down from the 2.5% seen in September. The core inflation rate, which excludes fresh food prices, came in at 2.3%, down from September’s 2.4%. The […]
PMQs – snap verdict That was very missable. Alex Burghart, who was standing in for Kemi Badenoch, started well, with a very short, direct question, but after that it rapidly got worse. He used his first three questions to focus on inflation, trying to make an argument about Labour letting price rises get out of […]
November 20, 2024 18:59 | News Inflation in the UK rose sharply to a six-month high in October and back above the rate targeted by rate-setters at the Bank of England, official figures show. It is the sharpest month-on-month increase in the rate of inflation for two years, and is set to cement market expectations […]
Differences between the Centre and the Reserve Bank of India over interest rate cuts and inflation targeting appear to be intensifying. On Tuesday, Chief Economic Advisor (CEA) V Anantha Nageswaran stated that retail inflation is largely driven by a few key commodities— namely tomato, onion, potato (TOP), gold, and silver. Excluding these items, he noted, […]
I started with a file that was ~21.9 GB. I have limited computing power, so I decide to split the file into geographical regions (climate classifications). I read them in using xarray, and when I exported the subfiles using .to_netcdf, it takes a really long time and the file size was much bigger – up […]
One in 10 households could soon be walloped with a massive £3,000 council tax bill after Keir Starmer gave permission for the charge to continue to increase by nearly three times the inflation rate. If the five per cent cap is maintained, the amount paid by an average household could increase by £109 to a […]
Mauritius’ opposition coalition – the Alliance of Change – won the country’s November 10 election by a landslide, taking all the seats in parliament. Its leader, Navin Ramgoolam, has been appointed prime minister. Mauritian politics scholar Roukaya Kasenally spoke to The Conversation Africa about what drove this outcome. What’s behind the opposition’s landslide win? The […]
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks it is important to choose investments carefully. “Small-cap industrials make more sense than large-cap industrials,” the Astoria Portfolio Advisors CEO told CNBC’s “ETF Edge” this […]
Kolkata, India – For the past several years, Manpreet Singh has been dreaming of going abroad for higher studies. The 22-year-old Sikh, a resident of Moradabad in Uttar Pradesh state, chose Canada as his destination as that is where many of the Sikh diaspora is settled. But the current diplomatic tension between India and Canada […]
Federal Reserve Chairman Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in remarks for a speech […]