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RBI monetary policy committee to meet on August 4-6, likely to maintain status quo on interest rate
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: Here s one big reason Fed tapering may not send bond yields soaring this time
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FOREX-Dollar set for second week of gains as focus turns to Fed
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Asia s spot LNG seeks direction even as demand remains supported | Hellenic Shipping News Worldwide
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Analysis: Investors pivot to Powell after more hot U.S. inflation data
Reuters | Jul 13, 2021 03:57 PM EDT
A Wall Street sign is pictured outside the New York Stock Exchange in New York, (Photo : REUTERS/Carlo Allegri/File Photo/File Photo)
The biggest rise in U.S. consumer prices in 13 years has intensified investor focus on messaging from the Federal Reserve, with the central bank s chairman set to speak before Congress on Wednesday.
Stocks appeared to be taking June s sharp consumer price jump largely in stride, with major indexes edging lower after data showed inflation barreling higher amid supply constraints and a rebound in costs of travel-related services.