US Fed’s Powell expects inflation to fall, though not as confident as before
Federal Reserve Chair Jerome Powell said he expects U.S. inflation to continue declining through 2024 as it did last year,…
China c.bank seen keeping lending rate on hold, yuan constrains easing
China’s central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans on…
US producer prices surge in April on strong services, goods
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management…
India April wholesale price index rises at fastest pace in a year
India’s wholesale price-based inflation INWPI=ECI rose 1.26% inApril, the highest pace in a year, mainly driven by food and primary…
Delayed Fed cuts could also slow ECB, Wunsch says
The European Central Bank’s first two interest rate cuts are a “no brainer” but slower than expected policy easing in…
BoE might consider rate cut during the summer, chief economist says
The Bank of England might be able to consider cutting interest rates over the summer although Britain’s labour market remains…
US trade chief recommends higher tariffs to address China’s ‘unfair’ practices
U.S. Trade Representative Katherine Tai on Tuesday recommended highertariffs on a range of Chinese goods and called for expanded enforcementto…
Mixed UK labour market signals leave BoE on rate cut alert
British wages grew by more than expected, according to data published on Tuesday, but other figures suggested the labour market…
Failed electrical breaker triggered Dali crash: NTSB
A preliminary federal investigation found the use of a different breaker configuration than had been previously in use onboard the…
Port NOLA CEO stepping down amid major expansion
Brandy Christian led the Port of New Orleans during the acquisition of its on-dock rail network and spearheaded the development…