Economy

1 month ago

U.K. Inflation Drops to 3-Year Low, Paving Way for Rate Cut in November

Inflation in the United Kingdom has fallen to its lowest level in over three years, according to official data released on Wednesday. The decline in consumer prices has solidified market expectations that

Inflation-Eases-But-Concerns-Persist-as-2024-Election-Approaches

Economy

1 month ago

Inflation Eases, But Concerns Persist as 2024 Election Approaches

As the U.S. gears up for a pivotal presidential election, inflation has quietly returned to normal levels, but it remains a top concern for many voters. According to a recent Ipsos poll,

Federal-Reserve's-Bostic-Cautions-on-Further-Rate-Cuts-Amid-Inflation-Concerns

Economy

2 months ago

Federal Reserve’s Bostic Cautions on Further Rate Cuts Amid Inflation Concerns

Federal Reserve Bank of Atlanta President Raphael Bostic has signaled cautious optimism as the central bank begins its rate-cutting cycle, starting with a larger-than-expected half-point reduction. The move, aimed at stabilizing the

Wholesale Prices Rise in October – Fed Rate Cut Still Expected in December

Wholesale prices edged up in October, aligning closely with market expectations and suggesting that the Federal Reserve remains on track for a potential interest rate cut in December. According to data released

5 days ago

Economy

U.S. Inflation Stays Firm in October, Complicating Fed’s Rate Cut Path

U.S. consumer prices continued their steady climb in October, driven primarily by higher shelter costs, including rent and lodging. According to the Labor Department’s latest report, the Consumer Price Index (CPI) rose

6 days ago

Economy

Luxury Goods Market Faces First Slowdown in 15 Years Amid Economic Challenges

The global personal luxury goods market is set to experience its first significant slowdown in 15 years, excluding the pandemic lockdowns, as macroeconomic uncertainties and a sluggish Chinese economy impact consumer spending.

6 days ago

Economy

China’s $1.4 Trillion Debt Plan Aims to Stabilize Economy Without Direct Stimulus

In a significant move to tackle local government financing challenges and revitalize economic growth, China announced a substantial 10 trillion yuan ($1.4 trillion) debt relief package. This decision, disclosed on Friday, strategically

1 week ago

Economy

China’s Auto Market Gains Momentum with Rising NEV Sales and Exports

China’s economic landscape is showing robust improvement as a slew of new policies and incentives come into play, positively impacting various sectors. One standout area is the automotive industry, where production and

1 week ago

Economy

Trump’s Victory Sets Stage for Fed Showdown Amid Policy Shifts

As President-elect Donald Trump prepares to re-enter the White House, speculation is mounting over how his policy agenda will impact the Federal Reserve’s direction under Chair Jerome Powell. During a press conference

2 weeks ago

Economy

Bank of England Cuts Rates, Raises Inflation Forecast

The Bank of England (BOE) cut interest rates by 25 basis points on Thursday, bringing the central bank’s key rate down to 4.75%. This move, supported by an 8-1 vote from the

2 weeks ago

Economy

Trump’s Return Raises Fed Independence Concerns

The re-election of Donald Trump as president has reignited concerns over the Federal Reserve’s independence, particularly given his history of criticizing the central bank and its chair, Jerome Powell, for not cutting

2 weeks ago

Economy

Euro Zone Manufacturing Stabilizes Despite Ongoing Contraction

The euro zone’s manufacturing sector showed tentative signs of stabilizing in October, with the pace of contraction slowing for the first time in months. While the sector has now contracted for the

2 weeks ago

Economy

Asia Manufacturing Stagnates Despite China’s October Rebound

In October, manufacturing activity across Asia remained largely stagnant, with only a mild boost from China’s recent economic measures. Despite Beijing’s efforts to revitalize its economy, other regional factories in countries like

3 weeks ago

Economy

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Economy

U.K. Inflation Drops to 3-Year Low, Paving Way for Rate Cut in November

Inflation Eases, But Concerns Persist as 2024 Election Approaches

Federal Reserve’s Bostic Cautions on Further Rate Cuts Amid Inflation Concerns

Wholesale Prices Rise in October – Fed Rate Cut Still Expected in December

U.S. Inflation Stays Firm in October, Complicating Fed’s Rate Cut Path

Luxury Goods Market Faces First Slowdown in 15 Years Amid Economic Challenges

China’s $1.4 Trillion Debt Plan Aims to Stabilize Economy Without Direct Stimulus

China’s Auto Market Gains Momentum with Rising NEV Sales and Exports

Trump’s Victory Sets Stage for Fed Showdown Amid Policy Shifts

Bank of England Cuts Rates, Raises Inflation Forecast

Trump’s Return Raises Fed Independence Concerns

Euro Zone Manufacturing Stabilizes Despite Ongoing Contraction

Asia Manufacturing Stagnates Despite China’s October Rebound

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