China’s factory activity seen extending declines in September
China’s factory activity likely remained in contraction for the fifth consecutive month in September, as weak domestic demand and rising…
US consumer spending, inflation rise moderately in August
U.S. consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter,…
China launches late stimulus push to meet 2024 growth target
China’s central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch…
Fed is aligned on rate cuts, but upcoming data will shape the pace
The Federal Reserve did not have full consensus when it voted last week to reduce interest rates by half of…
Indian economy to grow at 6.5-7% in FY 2024-25 on steady state basis: CEA
Chief Economic Advisor (CEA) to the Union government, V Anantha Nageswaran, on Friday said that the Indian economy is expected…
French inflation sees a sharp downward surprise
French inflation well below the 2% mark French inflation came in at 1.2% in September, down from 1.8% in August…
UK retail sales grow at fastest pace since May, CBI says
British retailers reported the fastest growth in sales since May this month and see a further modest expansion for October,…
Fed’s Cook says she ‘wholeheartedly’ supported half-point rate cut
Federal Reserve Governor Lisa Cook endorsed the U.S. central bank’s 50-basis-point interest-rate cut last week as a way to address…
NY Fed’s Perli says there is plenty of room left to run in shrinking Fed holdings
The official responsible for managing the Federal Reserve’s massive holdings of cash and bonds said on Thursday there’s likely plenty…
China cbank sees interest rate policy adjustments neutral for banks’ profits
China’s central bank said on Friday the impact of recently announced incremental interest rate policy on banks’ net interest margins…