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Economy BBC

US rates raised to five-year peak
The US central bank interest rates for a 16th time lifting them to five year highs of 5%.

UK trade deficit narrows sharply
The UK's goods trade gap with the rest of the world narrows sharply after exports outstrip imports, fresh data shows.

Zimbabwe inflation data delayed
Publication of Zimbabwe's inflation data is postponed as the figure moves towards the 1000% mark.

Metals hit new heights in London
Metals have been hitting new records on London's Metal Exchange, as they are seen as a sound investment.

UK inflation set to stay on track
UK inflation will be on track for the next two years assuming a slight interest rate rise, the Bank of England says.

Palestinians to get interim aid
Middle East mediators agree an aid plan for Palestinians, amid talk of a fuel crisis in the West Bank and Gaza.

Threat of 'two-tier' UK pensions
A gulf is growing in retirement incomes between members of different types of pension schemes, a report says.

Chinese growth 'to remain strong'
Two economic reports say that growth in China will remain high this year, and call for a cooling of the economy.


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