Economy - Page 4

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

November Retail Sales Beat Expectations, Show Consumer Strength

The US economy continues to defy expectations as retail sales in November surged more than Wall Street analysts had anticipated. Bolstered by strong vehicle purchases and online shopping, the report reflects the

1 month ago

Economy

US Economic Output Reaches Highest Level in Nearly Three Years

S&P Global’s latest data shows that US economic activity closed 2024 on a high note, with economic output reaching levels not seen in nearly three years. US Composite PMI Surges in December

1 month ago

Economy

Fed Expected to Cut Rates for Third Consecutive Meeting Despite Inflation Concerns

The Federal Reserve is poised to lower interest rates this week for the third consecutive meeting, even as inflation remains elevated and the economy shows resilience. This decision has sparked debate among

1 month ago

Economy

Federal-Reserve-December-Rate-Cut-Impact-on-Borrowing-and-Savings

Federal Reserve’s December Rate Cut and Its Impact on Consumer Borrowing and Savings

The Federal Reserve is anticipated to lower interest rates by another quarter point on December 18, marking the third consecutive rate cut since September. This move would reduce the federal funds rate

1 month ago

Economy

CFPB Finalizes Rule to Cap Overdraft Fees at $5, Potentially Saving Consumers $5 Billion Annually

The Consumer Financial Protection Bureau (CFPB) has introduced a significant reform to cap overdraft fees charged by banks and credit unions at $5, a sharp reduction from the typical $35. This move,

1 month ago

Economy

UK Economy Contracts for Second Month Amid Budget Concerns

The UK economy contracted by 0.1% in October, marking the second consecutive month of decline, according to figures released by the Office for National Statistics (ONS). This fall defied expectations of a

1 month ago

Economy

Wholesale Prices Rise in November, Sparking Inflation Questions

The producer price index (PPI), which measures wholesale prices at the final-demand stage, rose 0.4% in November, exceeding the Dow Jones forecast of 0.2%, the Bureau of Labor Statistics reported. On an

1 month ago

Economy

india-economic-slowdown-a-sobering-reality-amid-growth-ambitions

India’s Economic Slowdown: A Sobering Reality Amid Growth Ambitions

India’s economy grew by 5.4% between July and September, marking a seven-quarter low and falling short of the Reserve Bank of India’s (RBI) forecast of 7%. Economists attribute this deceleration to weak

1 month ago

Economy

November inflation data shows largest gain in seven months; Federal Reserve poised for rate cut amid cooling labor market

November Inflation Data Highlights: Fed Expected to Deliver Third Rate Cut Amid Cooling Labor Market

U.S. consumer prices rose in November by 0.3%, marking the largest increase in seven months, according to the Labor Department. This uptick aligns with economists’ expectations and highlights persistent inflationary pressures despite

1 month ago

Economy

China Signals Major Policy Shift Amid U.S. Tariff Threats

In a significant departure from its long-standing policy, China’s leadership announced plans on Monday to embrace more aggressive stimulus measures to mitigate the anticipated economic fallout from U.S. trade tariffs in 2025.

1 month ago

Economy

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Economy - Page 4

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

November Retail Sales Beat Expectations, Show Consumer Strength

US Economic Output Reaches Highest Level in Nearly Three Years

Fed Expected to Cut Rates for Third Consecutive Meeting Despite Inflation Concerns

Federal Reserve’s December Rate Cut and Its Impact on Consumer Borrowing and Savings

CFPB Finalizes Rule to Cap Overdraft Fees at $5, Potentially Saving Consumers $5 Billion Annually

UK Economy Contracts for Second Month Amid Budget Concerns

Wholesale Prices Rise in November, Sparking Inflation Questions

India’s Economic Slowdown: A Sobering Reality Amid Growth Ambitions

November Inflation Data Highlights: Fed Expected to Deliver Third Rate Cut Amid Cooling Labor Market

China Signals Major Policy Shift Amid U.S. Tariff Threats

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