Inflation again to dominate in week ahead on Wall Street

Inflation will be in focus on Wall Street again this week with therelease of personal consumption expenditures data due out on Thursday. A number of Federal Reserve members are also expected to speak and traders will be looking for clues on when the Central Bank plans to start lowering interest rates. From New York William Denselow reports.

Written by: Leonard Witbeen

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INFLATION DRIVERS

INFLATION DRIVERS: Housing, Water, Electricity, Gas, and other fuels, as well as Food and Non-Alcoholic Beverages, have been identified as the primary contributors to the annual inflation rate of 3.0% in November 2024. Each of the above commodities have been recorded as contributing 1.1 percentage points, while the category" Alcoholic […]

December 5, 2024 3

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Tjongarero appoints AU sports council for youth games

In an essential step towards hosting the African Union Sport Council (AUSC) Region 5 Youth Games, the Minister of Sport, Youth, and National Service, Agnes Tjongarero, appointed a Local Organising Committee (LOC) comprising seventeen (17) members to oversee the preparation and execution of the youth games. Their term officially began […]

December 4, 2024 3