'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
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The Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast of global oil demand growth for this year, amid persistent risks to shipping from Iran and its proxy groups. The group projected Tuesday that oil demand for this year will grow by roughly 200,000 ba...
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The Trump administration will use wartime authority to augment fuel production at a refinery in Texas, Vice President JD Vance announced on Tuesday. The move comes as high energy prices are putting a strain on the economy and are becoming a political liability ahead of the midter...
government
An overwhelming majority of voters believe current members of Congress are out of touch with their constituents’ monthly spending habits, even as both parties make affordability a central pitch to key voting blocs. An exclusive NewsNation/Decision Desk HQ (DDHQ) poll released Tue...
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Economists expect the consumer price index for September to rise 0.6% on the month and 3.6% year over year.
