Economy - Page 2

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

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

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,

US Job Growth Falls Short in October Amid Strikes, Storms

In October, the US labor market displayed signs of fatigue, adding just 12,000 jobs—an alarming drop from the projected 100,000 and a significant deceleration from September’s 223,000 jobs. The subdued hiring pace

3 weeks ago

Economy

U.S. Economy Achieves “Soft Landing” as Growth Outpaces Other Nations Amid Gloomy Voter Sentiment

Despite robust economic growth and inflation near the Federal Reserve’s target, a majority of Americans remain dissatisfied with the state of the economy as the presidential election approaches. U.S. gross domestic product

3 weeks ago

Economy

Earnings and Economic Data in Focus Ahead of Fed’s Interest Rate Decision

As investors gear up for a wave of earnings reports and critical economic data, all eyes are on how these indicators will shape the Federal Reserve’s upcoming interest rate decision. Eric Wallerstein,

3 weeks ago

Economy

China’s Steel and Oil Sectors Face Losses Amid Economic Slowdown

China’s old-economy giants, particularly steelmakers and oil refiners, are feeling the pinch as the country’s economic growth slows. In a difficult year, cumulative losses in the steel industry alone have surged to

3 weeks ago

Economy

Jobless Claims Drop Unexpectedly Amid Rising Long-Term Unemployment

While U.S. jobless claims fell unexpectedly last week, signaling some resilience in the labor market, the number of people still collecting unemployment benefits hit its highest level in nearly three years. This

4 weeks ago

Economy

Global Inflation Tamed, But Economic Uncertainty Remains Says IMF

Inflation, once a dominant global concern, is being brought under control, according to the International Monetary Fund (IMF). In a surprising shift from its more cautious outlook earlier this year, the IMF

4 weeks ago

Economy

German Producer Prices Decline Sharply, Spark ECB Speculation

According to the Federal Statistics Office, Germany’s producer prices fell more than anticipated in September, registering a 1.4% year-on-year decline, primarily driven by a substantial drop in energy prices. This marks the

4 weeks ago

Economy

China’s Economic Growth Slows to 4.6% Amid Struggles to Recover

China’s economy expanded at its slowest rate since early last year, growing by just 4.6% in the third quarter, according to the National Bureau of Statistics. This marks the second consecutive quarter

1 month ago

Economy

European Central Bank Cuts Key Interest Rate to 3.25% Amid Easing Inflation

On Thursday, the European Central Bank (ECB) reduced its key interest rate to 3.25%, marking the third quarter-point cut this year. The decision, made during the ECB’s October meeting, was widely anticipated

1 month ago

Economy

China’s September Trade Data Disappoints, Signals Economic Struggles

China’s trade growth fell short of expectations in September, raising new concerns about the health of the world’s second-largest economy. Customs data released on Monday showed that exports rose by 2.4% year-on-year,

1 month ago

Economy

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Economy - Page 2

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

Inflation Eases, But Concerns Persist as 2024 Election Approaches

US Job Growth Falls Short in October Amid Strikes, Storms

U.S. Economy Achieves “Soft Landing” as Growth Outpaces Other Nations Amid Gloomy Voter Sentiment

Earnings and Economic Data in Focus Ahead of Fed’s Interest Rate Decision

China’s Steel and Oil Sectors Face Losses Amid Economic Slowdown

Jobless Claims Drop Unexpectedly Amid Rising Long-Term Unemployment

Global Inflation Tamed, But Economic Uncertainty Remains Says IMF

German Producer Prices Decline Sharply, Spark ECB Speculation

China’s Economic Growth Slows to 4.6% Amid Struggles to Recover

European Central Bank Cuts Key Interest Rate to 3.25% Amid Easing Inflation

China’s September Trade Data Disappoints, Signals Economic Struggles

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