Indonesia February inflation rate beats view on soaring rice, chilli prices
Friday, 1 March 2024 Indonesia's February inflation of 2.75% exceeded expectations on surging food prices. Bank Indonesia (BI) expects interest rate cuts only in H2 2024. Rice, chicken, and chili prices were major contributors. Core inflation remained steady at 1.68%.
US Consumer Confidence , Shaken Amid High Prices , and Lingering Recession Fears.
'The Independent' reports that consumer
confidence in the United States continues to
hold steady despite high prices..
Credit: Wibbitz Top Stories Duration: 01:31Published
Consumer Prices , Rose 0.4% in February.
The Bureau of Labor Statistics released
its latest data on March 12.
In February 2024, prices rose 0.4%
compared to January and 3.2% year-over-year,..
Credit: Wibbitz Top Stories Duration: 01:31Published
Powell Says , Fed Remains Reluctant to Start , Lowering Interest Rates.
On March 6, Federal Reserve Chair Jerome Powell
said that interest rates will start to drop at
some point this year, without..
Credit: Wibbitz Top Stories Duration: 01:31Published
Friday, 1 March 2024
![US Consumer Confidence Shaken Amid High Prices and Lingering Recession Fears [Video]](https://video.newsserve.net/300/v/20240326/1370991394-US-Consumer-Confidence-Shaken-Amid-High-Prices-and.jpg)
![Consumer Prices Rose 0.4% in February [Video]](https://video.newsserve.net/300/v/20240312/1368414578-Consumer-Prices-Rose-in-February.jpg)
![Powell Says Fed Remains Reluctant to Start Lowering Interest Rates [Video]](https://video.newsserve.net/300/v/20240306/1367896710-Powell-Says-Fed-Remains-Reluctant-to-Start-Lowering.jpg)
