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UK inflation rises to highest level in nearly 3 years

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LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...

Powell says inflation will be ‘elevated’ in coming months

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WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Europe takes another step toward introducing digital euro

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The European Central Bank said Wednesday it is launching a two-year investigation on whether to introduce a digital version of the euro that would...

Stocks give up an early gain and turn mixed on Wall Street

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Stocks gave up an early gain and turned mixed on Wall Street as banks and energy companies fell while other sectors rose. ...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Powell says inflation, though elevated, will likely moderate

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WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation. ...

Fed survey: US economy strong but hindered by bottlenecks

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WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...

Stocks wobble as investors digest earnings, inflation risks

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Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation. ...