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Yellen calls market reaction to inflation data a 'tremendous mistake'

DETROIT (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that recent consumer price inflation data was "a tad higher" than expectations, but Americans should focus on longer-term declines in inflation trends and a strong economy and rising wages. The Labor Department reported on Tuesday that the consumer price index (CPI) rose 0.3% in January, more than the 0.2% gain expected by economists in a Reuters poll, prompting a decline in stock prices as Wall Street speculate...
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Source: yahoo.com

ET Now GBS 2024: Young demographic dividend will see India@100 emerging as a $35-trillion economy: Piyush Goyal

Piyush Goyal defends the governments focus on fighting corruption and promoting fiscal discipline. He highlights the importance of unity and inclusivity in India, emphasizing that the countrys progress and well-being are interconnected and that no state should prioritize its own interests over the greater good.
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