Wholesale prices in the US are showing their biggest drop since 2020, another sign of declining inflation
The numbers: US wholesale prices fell 0.5% in December, mainly due to cheaper food and gasoline, extending a string of lows and adding further evidence that high inflation is fading….
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The stock market is tumbling as investors fear recession more than inflation
A stock market paradox, in which bad news about the economy is seen as good news for stocks, may be running its course. If so, investors should expect bad news…
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