Tag: inflation
Surprise Build in EIA Crude Inventories Points to Softer Demand
The U.S. Energy Information Administration reported an unexpected rise in weekly crude oil inventories, pointing to softer demand conditions and raising the prospect of...
Financial Leaders Back Powell as Trump Pressure on Fed Grows
Global central bank leaders and senior Wall Street bank executives publicly rallied behind Jerome Powell on Tuesday, underscoring broad support for the Federal Reserve...
RBA Set to Hold Rates in December as Inflation Stays Stubborn
The Reserve Bank of Australia (RBA) is expected to keep interest rates unchanged at its December 9 policy meeting. Investors will be watching closely...
Manufacturing Slide Accelerates Across the U.S. in November
U.S. manufacturing shrank for the ninth consecutive month in November, as factories continued to struggle with weaker demand, falling orders, and rising input costs....
Pakistan’s Manufacturing Rebounds in November After Two-Month Dip
Pakistan’s manufacturing sector strengthened in November, recording its first expansion in three months. The latest HBL Pakistan Manufacturing PMI, compiled by S&P Global, showed...
AI Begins to Slow U.S. Job Market as Economy Stalls
The latest Federal Reserve Beige Book, released on Wednesday, shows that the U.S. economy remained largely unchanged even as consumer spending continued to ease...
U.S. Consumer Confidence Takes a Sharp Hit in November
U.S. consumer confidence fell in November as many households grew more concerned about job security and their overall financial situation. The recently ended government...
December Fed Rate-Cut Odds Climb Above 50% After Weak U.S. Jobs...
The likelihood of a Federal Reserve rate cut in December has risen above 50% after two major labor market reports indicated continued weakness in...
Swiss Franc Rises as Pound Falls on UK Budget Shift
The Swiss franc strengthened on Friday as a global stock market selloff pushed investors toward safe-haven assets. At the same time, the British pound...
Weak Job Market Sets Stage for December Fed Rate Cut
Fed Expected to Cut Rates Again in December as Job Market Weakens
The U.S. Federal Reserve is expected to lower its key interest rate by...
