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South Africa inflation reaches mid-point of top bank target

Bloomberg South Africa’s inflation rate reached the mid-point of the central bank’s target range of 3 percent to 6 percent in December — something the Reserve Bank says would allow for flexibility in dealing with price shocks. Consumer-price growth slowed to 4.5 percent from a year earlier compared with 5.2 percent in November, the Pretoria-based Statistics South Africa said in ...

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Shutdown deprives Fed of data it’s dependent on

Bloomberg Just when the Federal Reserve most needs fresh data to keep its policy in sync with the US economy, the government shutdown is getting in the way. Timely information on economic growth, jobs, consumer spending and inflation is always crucial to monetary policy making. Now, the longest shutdown on record is blocking the collection and reporting of many of ...

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Boeing’s $44bn tanker may miss a milestone by 3 years

Bloomberg Boeing Co’s first aerial refuelling tanker in a $44 billion programme is scheduled to land on Friday at an Air Force base in Kansas for a celebration tempered by what now may become a delay of at least three years in meeting its most important milestone. A ceremony is planned for the arrival of the KC-46 at McConnell Air ...

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