Fed’s Miran says he can’t base policy stance on buoyant financial markets
Federal Reserve Governor Stephen Miran said on Monday it is wrong to put too much emphasis on the strength of…
Bessent says high US interest rates may have caused housing recession
Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary…
US manufacturing contracts further in October; supplier delivery times lengthen
U.S. manufacturing contracted for an eighth straight month in October as new orders remained subdued, and suppliers were taking longer…
Greek manufacturing sector posts stronger growth in October, PMI shows
Greece’s manufacturing sector experienced a notable improvement in October, with expansions in output, new orders, and employment, S&P Global reported…
Bank of England to hold rates despite better inflation news
November is back in play Suddenly, a Bank of England rate cut on 6 November doesn’t look like such a…
Is the AI-cyber bubble about to burst?
After a year of euphoric AI valuations, the warnings have begun. Earlier this month, the Chair of the Bank of…
China’s October factory activity expansion slows, private PMI shows
China’s factory activity in October expanded at a slower pace as new orders and output both waned amid tariff anxiety,…
China’s finance ministry sets up new debt management department
China’s Ministry of Finance set up a new debt-management department, it said on Monday, the latest step in its effort…
Euro zone manufacturing stagnates in October amid weak demand, PMI shows
Euro zone manufacturing activity stagnated in October as new orders flatlined and headcount fell, despite production continuing to edge higher…
UK factories helped by Jaguar Land Rover reopening, PMI shows
British factories had their strongest month in a year in October but the recovery was driven by a one-off bounce…