Fed cuts by a quarter point, indicates fewer reductions ahead
The Federal Reserve lowered its key interest rate by a quarter percentage point for the third consecutive time, bringing it ...
Tag: Breaking news
The Fed has a big interest rate decision coming Wednesday. Here's what to expect
Despite high inflation, strong economic growth, and a robust labor market, the Federal Reserve is expected to lower its benchmark ...
Wholesale prices rose 0.4% in November, more than expected
Wholesale prices rose more than expected in November, indicating a slowdown in inflation progress, with the producer price index increasing ...
Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, with the consumer price index showing a 12-month inflation rate ...
Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations
Inflation in October increased slightly as the Federal Reserve considers interest rate adjustments, with the personal consumption expenditures price index ...
China's industrial profits fall by 10% in October as deflation worries linger
China's industrial profits fell by 10% in October compared to a year ago, marking the third consecutive month of decline. ...
China's vice premier vows to boost Hong Kong's financial competitiveness, says stimulus push has 'benefited' the city
In a speech at the Global Financial Leaders Investment Summit, Chinese Vice Premier He Lifeng pledged to enhance Hong Kong's ...
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
Federal Reserve Chair Jerome Powell stated that strong U.S. economic growth will allow policymakers to be patient in determining the ...
Annual inflation rate hit 2.6% in October, meeting expectations
Inflation rose in October, with the consumer price index increasing by 0.2% for the month and reaching a 12-month rate ...
Federal Reserve cuts interest rates by a quarter point
The Federal Reserve approved a 25 basis point interest rate cut, lowering the benchmark rate to 4.50%-4.75%, following a previous ...
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