Tuesday, May 5, 2026
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Tag: pandemic stimulus

Australia to end stimulus but holds rates despite price surge

Sydney, Australia—Australia’s central bank moved to end multi-billion-dollar pandemic stimulus Tuesday, but kept interest rates at a record low despite rising inflation. As the economy...

Fed officials divided over inflation risk

WASHINGTON—At the meeting where they announced the rollback of their pandemic stimulus measures, some Federal Reserve officials wanted swifter action and worried about price...
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