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LONDON – Britain posted a larger-than-expected budget deficit in April as high inflation pushed the government’s debt interest bill for the month to a new record, official data showed on Tuesday.
Source: https://business.inquirer.net/402299/high-inflation-helps-to-swell-uk-budget-deficit-in-april
The bank said last month, when it delivered a larger-than-expected 500 basis points rate hike, that the current level of monetary tightness is significantly close to the level required to establish the disinflation course.
Source: https://www.hurriyetdailynews.com/central-bank-meets-to-decide-on-key-interest-rate-188848
The U.S. added a larger-than-expected 311,000 new jobs in February, the government reported Friday.