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ECB to hold rates steady but keep hikes firmly on the table

ECB to hold rates steady but keep hikes firmly on the table

By Balazs Koranyi and Francesco Canepa FRANKFURT, April 30 (Reuters) - The European Central Bank will keep interest rates unchanged on Thursday like most of its global peers this week, but it is also likely to signal that a rate hike, perhaps as soon as June, may be needed to combat an energy-driven
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Bank of England set to hold rates as Iran war clouds outlook

Bank of England set to hold rates as Iran war clouds outlook

By William Schomberg LONDON, April 30 (Reuters) - The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the economic fallout from the Iran war and investors will be on alert for any suggestions that higher borrowing costs are likely to be needed. Like the U.S.
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Stagflation risks stacking up as Iran war enters third month

Stagflation risks stacking up as Iran war enters third month

By Alun John, Yoruk Bahceli and Dhara Ranasinghe LONDON, April 30 (Reuters) - Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of the Strait of Hormuz prolongs the world's biggest-ever disruption to energy supplies.
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Global inflation worries stir on energy price flare-up, but still relatively subdued: Reuters poll

Global inflation worries stir on energy price flare-up, but still relatively subdued: Reuters poll

By Hari Kishan BENGALURU, April 28 (Reuters) - Inflation in most countries will be markedly higher this year than predicted three months ago amid a stalemate in the energy crisis brought about by the U.S.-Israeli war with Iran, according to a Reuters poll of around 500 economists, who barely altered
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US stocks slip ahead of Fed announcement on interest rates and crude oil prices rise again

US stocks slip ahead of Fed announcement on interest rates and crude oil prices rise again

The U.S. stock market is slipping as the countdown ticks to an afternoon announcement from the Federal Reserve on what it will do with interest rates
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German inflation accelerates to 2.9% in April as energy costs soar

German inflation accelerates to 2.9% in April as energy costs soar

By Maria Martinez BERLIN, April 29 (Reuters) - German inflation picked up in April due to surging energy prices fuelled by the war in Iran, data showed on Wednesday, though a drop in core inflation showed cost pressures had yet to spread across the broader economy.
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Inflation up in three German states in April, pointing to national increase

Inflation up in three German states in April, pointing to national increase

By Maria Martinez BERLIN, April 29 (Reuters) - Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase this month amid higher energy prices due to the Iran war.
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US stocks hover near their records as oil prices rise

US stocks hover near their records as oil prices rise

The U.S. stock market’s record-breaking rally is stalling after uncertainty rose over the weekend about what will happen next in the Iran war
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US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street

The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war
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Shares fall in Asia and oil prices gain as talks stall on ending the Iran war

Shares fall in Asia and oil prices gain as talks stall on ending the Iran war

Shares are mostly lower in Asia and oil prices have gained as diplomatic efforts to end the Iran war stalled again
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US stocks edge back from their records as oil prices rise

US stocks edge back from their records as oil prices rise

The U.S. stock market’s record-breaking rally is flagging after uncertainty rose over the weekend about what will happen next in the Iran war
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US stocks drift as their record-breaking rally slows, while oil prices rise

US stocks drift as their record-breaking rally slows, while oil prices rise

The U.S. stock market’s record-breaking rally is slowing after uncertainty rose over the weekend about what will happen next in the Iran war