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 ...
Tag: Breaking news
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 ...
Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs
President-elect Donald Trump will likely focus on tariffs, lower taxes, and sanctions when he takes office in January, according to ...
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