Oil prices hovers close to multi-month lows, then recovers Market Daily Update from Etoro Today’s highlights Mixed day on Wall Street Oil slides, then recovers UK markets in the green Wall Street mixed despite positive jobs data Wall Street was mixed on Friday despite strong jobs data quelling fears of an economic slowdown. The SPX500…
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Know More About Inflation And Its Effects On Economy
The increase in prices of goods and services over an extended period is called inflation. It occurs due to the undervaluation or reduction in the value of a currency. A high inflation rate means that the prices of goods, commodities, and services in an economy have increased suddenly to a high extent. If the increase…