Economy - Page 2

3 months 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,

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

Economy

3 months 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

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

Economy

4 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

U.S. Manufacturing Shows Signs of Recovery Amid Persistent Challenges

U.S. manufacturing moved closer to recovery in December, with production rebounding and new orders rising for the first time since March. However, uncertainty looms as manufacturers brace for potential higher tariffs under

2 weeks ago

Economy

Canada’s Manufacturing Sector Sees Growth Amid Global Slowdown

The Canadian manufacturing sector ended 2024 on a positive note, with the S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) rising to 52.2 in December, its highest reading since February 2023. This

2 weeks ago

Economy

Jobless Claims Fall as Labor Market Shows Resilience

The number of new unemployment insurance applications fell to its lowest level since last April, signaling unexpected strength in the labor market even as broader employment conditions cool. For the week ending

2 weeks ago

Economy

Global Factory Activity Ends 2024 on a Weak Note

Manufacturing activity across Asia, Europe, and the U.S. concluded 2024 with sluggish performance, reflecting mounting concerns about trade tensions and economic uncertainty as the world braces for a challenging 2025. Weakness in

2 weeks ago

Economy

China’s Factory Activity Growth Falls Short in December

China’s manufacturing sector showed slower-than-expected growth in December, signaling that Beijing’s stimulus measures have yet to meaningfully revitalize its struggling economy. The official purchasing managers’ index (PMI) for December came in at

2 weeks ago

Economy

Spanish Inflation Rises in December, Fueling Case for Gradual ECB Rate Cuts

Spanish inflation accelerated more than forecast in December, staying above 2% for the second consecutive month due to base effects and rising fuel prices. These figures, released by Spain’s national statistics agency,

3 weeks ago

Economy

U.S. Economy Poised for Steady Growth in 2025 Amid Soft Landing

Forecasters are increasingly optimistic about the U.S. economy’s prospects for 2025, predicting steady growth and a reduced likelihood of recession. This outlook reflects resilient consumer spending, a strong labor market, and cooling

3 weeks ago

Economy

Tokyo Inflation Gains Momentum, Sparking Speculation of BOJ Rate Hike

Core inflation in Tokyo accelerated in December, fueled by rising utility bills and food prices, while services inflation held steady. These trends are keeping market expectations alive for a near-term interest rate

3 weeks ago

Economy

World Bank Raises China’s Growth Forecast but Warns of Persistent Challenges

The World Bank has revised its economic growth forecasts for China for 2024 and 2025, projecting modest improvements but cautioning about lingering issues that could dampen recovery. While policy easing and strong

3 weeks ago

Economy

Holiday Sales Rise Despite Economic Pressures

Holiday sales saw a solid increase this year, rising 3.8% from November through Christmas Eve, according to data from Mastercard SpendingPulse. This outpaced the 3.1% growth recorded during the same period last

3 weeks ago

Economy

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Economy - Page 2

Inflation Eases, But Concerns Persist as 2024 Election Approaches

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

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

U.S. Manufacturing Shows Signs of Recovery Amid Persistent Challenges

Canada’s Manufacturing Sector Sees Growth Amid Global Slowdown

Jobless Claims Fall as Labor Market Shows Resilience

Global Factory Activity Ends 2024 on a Weak Note

China’s Factory Activity Growth Falls Short in December

Spanish Inflation Rises in December, Fueling Case for Gradual ECB Rate Cuts

U.S. Economy Poised for Steady Growth in 2025 Amid Soft Landing

Tokyo Inflation Gains Momentum, Sparking Speculation of BOJ Rate Hike

World Bank Raises China’s Growth Forecast but Warns of Persistent Challenges

Holiday Sales Rise Despite Economic Pressures

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