Tag: inflation
US Services Growth Reaches 8-Month High, Jobs Still Lagging
US Services Activity Reaches Eight-Month High Despite Weak Hiring
The U.S. services sector expanded at its fastest pace in eight months during October, supported by...
Europe’s Economic Engine Revs Up — Fastest Growth in 2 Years
Euro Zone Growth Hits 29-Month High as Services Sector Surges
The euro zone economy expanded in October at its fastest pace since May 2023, signaling...
RBA Keeps Rates at 3.60% Amid Rising Inflation
RBA Keeps Rates Steady at 3.60% Amid Rising Inflation and Global Risks
Australia’s central bank held interest rates unchanged on Tuesday, balancing concerns about rising...
Gold Prices Dip on Firm Dollar and Fed Policy Uncertainty
Gold Slips as Strong Dollar and Fed Uncertainty Pressure Prices
Gold prices edged lower in Asian trading on Tuesday, weighed down by a stronger U.S....
Dollar Holds Near 3-Month High as Rate Cut Bets Fade
Dollar Near Three-Month High as Traders Scale Back Rate Cut Bets; Yen Recovers Slightly
The U.S. dollar hovered near a three-month high on Tuesday as...
Asia FX Little Changed on Fed Jitters, Aussie Steady Post-RBA
Asian Currencies Stay Flat as Fed Uncertainty Lingers; Aussie Steady After RBA Hold
Most Asian currencies traded little changed on Tuesday as investors digested mixed...
U.S. Manufacturing Activity Declines Again in October as Supplier Delays Grow
U.S. Manufacturing Contracts Again in October as Supplier Delays Worsen
U.S. manufacturing activity declined for the eighth consecutive month in October, according to the Institute...
Fed Hawks Warn: Inflation Too High for More Rate Cuts
Fed Hawks Push Back on Rate Cuts, Cite High Inflation and Strong Jobs Market
Two regional Federal Reserve officials voiced sharp opposition on Friday to...
BOJ Disappoints, Yen Set for Sharpest Drop Since July
Yen Faces Steep Monthly Drop as BOJ Disappoints and Fed Stays Firm
The Japanese yen was on track for a major monthly loss against the...
Fed Cuts Rates, Powell Says December Move Uncertain
Fed Cuts Rates as Expected; Powell Says December Move Uncertain
The U.S. Federal Reserve delivered a widely anticipated quarter-point rate cut on Wednesday, lowering its...
