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Breitbart Business Digest: Corporate Profits Say No to Rate Cuts

Somebody forgot to tell corporate America that the stance of monetary policy is restrictive.

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US Economy Slows in 1st Quarter as GDP Lowest Since 2022

US Economy Slows in 1st Quarter as GDP Lowest Since 2022
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Breitbart Business Digest: March Inflation Report Kills Chance of a June Rate Cut

The victory over inflation that the Biden administration and many on Wall Street were eager to celebrate last year now seems to have been, well, transitory.

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US inflation spikes 3 5% in March

US inflation had another hot month in March, rising 3.5% the latest data point that throws doubt on whether the Federal Reserve will actually begin to cut interest rates as early as June.

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When will interest rates fall and will the Fed, ECB or BoE be the first to take the plunge?

Markets are primed for clues on the timing of global interest rate cuts this week, with crucial data set for publication out of the US, Europe and UK.

United kingdomMorgane delledonneChristine lagardeRichard hunterFranck dixmierJerome powellEuropean central bankGovernor of the bankFederal reserveFederal reserve bankReserve bank chair jerome powellFederal reserve bank chair jerome powellInteractive investorCentral bank president christine lagardeEuropean central bank president christine lagardeAllianz global investors franck dixmier