Bank of England cuts rates from 16-year high, ‘careful’ on future moves
The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from…
PIMCO: Fed Sets Stage for Rate Cuts Amid Growing Confidence on Inflation
The Federal Reserve on Wednesday kept interest rates on hold, as expected, while making modest, dovish changes to its policy…
US weekly jobless claims rise to 11-month high
The number of Americans filing new applications for unemployment benefits increased to an 11-month high last week, suggesting some softening…
ECB’s Stournaras raises risk of too low inflation, Platow reports
A weak euro zone economy may drag inflation below the European Central Bank’s 2% target, ECB policymaker Yannis Stournaras said…
Higher unemployment in eurozone threatens consumption recovery
Unemployment rate increases in June The seasonally-adjusted unemployment rate in the eurozone increased to 6.5% in June, from 6.4% in…
Global factories struggled in July as demand waned, PMIs show
Manufacturers across Europe and Asia turned in a weak performance last month as factories grappled with tepid demand, surveys showed…
Traders see Sept start to Fed easing, with 25 bps rate cut
Traders on Wednesday kept bets the Federal Reserve will start dialing back on restrictive policy in September, starting with a…
US weekly jobless claims highest in nearly a year; productivity accelerates
The number of Americans filing new applications for unemployment benefits increased to an 11-month high last week, suggesting a softening…
BOJ sees chance wages, inflation could overshoot
The Bank of Japan said on Thursday there was a chance wage and price growth could overshoot expectations as labour…
South Korea: Exports grew solidly in July while the manufacturing PMI moderated
Trade surplus narrowed in July due to a rebound in imports Export growth accelerated to 13.9% YoY in July (vs…