Economy - PRESS AI WORLD
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ECONOMY
Federal Reserve Signals Slower Rate Cuts Ahead Amid Inflation Concerns

Federal Reserve officials indicate a cautious approach to future rate cuts as inflation remains elevated, with clear divisions among policymakers evident in recent meeting minutes.

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ECONOMY
US Credit Reporting Changes Spark Controversy as Industry Groups File Lawsuit Against Medical Debt Ban

US bans medical debt from credit reports, prompting industry groups to file a lawsuit challenging the new rule set by the Biden administration.

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ECONOMY
UK Pound Drops as Government Borrowing Costs Reach Highest Level Since 2008

The pound declines to a nine-month low as UK government borrowing costs soar to their highest level since the 2008 crisis.

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ECONOMY
Fed Officials Worry Trump's Policies May Delay Inflation Reduction

Fed minutes reveal concerns that Trump’s policies could hinder progress in reducing US inflation, complicating monetary policy decisions moving forward.

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ECONOMY
Wall Street Adjusts Timeline for Fed's Balance Sheet Drawdown

Wall Street's expectations for the Fed's balance sheet drawdown have shifted, pushing the end date to June 2025 amidst ongoing economic volatility.

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ECONOMY
US to Establish New Stockpile of Bird Flu Vaccines for Poultry Amid Outbreak

The US plans to rebuild its stockpile of bird flu vaccines for poultry to combat a persistent outbreak affecting commercial flocks.

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ECONOMY
Disney's Revised Sports Streaming Strategy Through Fubo: Opportunities and Confusion Ahead

Disney's new partnership with Fubo aims to enhance sports streaming options, yet may lead to confusion for fans amid a crowded market.

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ECONOMY
Global Bond Market Turmoil Signals Investor Alarm as Yields Surge

Investors face mounting concerns as bond market selloff escalates, leading to rising yields and uncertainty over upcoming economic policies.

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ECONOMY
Luis Garcia signs $1.875M deal with Astros while recovering from surgery

Luis Garcia agrees to a $1.875 million contract with the Astros as he continues recovery from Tommy John surgery.

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ECONOMY
India's GDP Growth Projected at 6.4% Amid Economic Slowdown

India's GDP is estimated to grow at 6.4% this fiscal year amidst a range of economic challenges and changing consumer behavior.

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