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Inflation Spikes, Jobs Cut, Prices Hiked

Inflation Spikes, Jobs Cut, Prices Hiked

Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!

April 2, 20261m 32s

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Show Notes

Bank of Englands inflation expectations surge to 3.5% amid Iran tensions, sparking price hikes and job cuts. Oil markets plunge then rebound, causing stock volatility. Household goods maker McBride prepares temporary price increases. Bank of England warns of increased energy bills and mortgage rates, squeezing household budgets in an unpredictable global scene.

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