Tag: inflation
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...
Germany’s Inflation Holds at 2.3% in October
German Inflation Eases Slightly to 2.3% in October
Germany’s inflation rate eased slightly in October, coming in at 2.3%, according to data released on Wednesday...
Political Turmoil Drags French Business Sentiment Down
French Business Confidence Falls to Two-Year Low Amid Political Uncertainty
French business confidence has dropped to its lowest point in two years, as ongoing political...
UK Unemployment Edges Higher in September as Wage Growth Cools
UK Unemployment Rises to 5% as Wage Growth Slows, Boosting Rate Cut Hopes
The UK unemployment rate rose in September, according to official data released...
Morgan Stanley: Fed December Rate Cut Now Likely
Morgan Stanley: December Fed Rate Cut Now “More Likely Than Not” Amid Mixed Labor Data
A series of private-sector economic reports released this week have...
Japan Services Sector Stays Robust Despite Cooling Orders
Japan Services Growth Remains Steady Despite Slower New Orders in October
Japan’s service sector maintained solid expansion in October, though new order growth slowed to...
