High Commodity Costs Hurt Rate Cut Prospects, World Bank Says
The decline in global commodity prices is stabilizing at levels that are still inflated, which could keep central banks from cutting interest rates quickly, the World Bank said.
The decline in global commodity prices is stabilizing at levels that are still inflated, which could keep central banks from cutting interest rates quickly, the World Bank said.
In a conference room of the run-down headquarters of Brazilian retailer Americanas SA, Camille Loyo Faria agrees that the office has seen better days.
Loar Holdings Inc. shares climbed as much as 72% in its trading debut after the firm raised $308 million in an initial public offering that priced above a marketed range.
The surprisingly sharp downshift in US economic growth last quarter masked otherwise resilient household demand and business investment that helped generate faster inflation.
Bill Gross offered some advice to investors as Treasuries and equities slumped Thursday after some worrisome US economic data: “Stick to value stocks, avoid tech for now.”
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