The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …
The rate at which prices are rising in the Netherlands increased in February compared to a month earlier. Inflation amounted to 8 percent last month, Statistics Netherlands reported in a quick first estimate. The average price increase of supermarket products was 15.1 percent last month, compared to 14.5 percent in January. To easily compare its figures with other European countries, …
ISTANBUL — Yearly inflation in Turkey hit 61.14% on Monday, climbing to a new 20-year high and deepening a cost of living crisis for many households. The Turkish Statistical Institute said consumer prices rose by 5.46% in March compared with the previous month. Turkey’s runaway inflation also follows a series of interest rate cuts late last year, in line with …
