latest Economy news, data and analysis - EconoTimes
2 days ago · FxWirePro:EUR/AUD faces strong resistance, unlikely to break through soon. EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets ...
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6 days ago · About Us. EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique ...
Gold at a Crossroads: Powell's Caution and Mixed U.S
11 hours ago · Gold prices are currently stabilizing after experiencing a significant sell-off, recently hitting a multi-month low of $2,536 before rebounding to approximately $2,555. This fluctuation has caught ...
China’s Sluggish Inflation and Deepening Deflation Spur New …
4 days ago · Meanwhile, China’s central bank has hinted at further rate cuts in early 2025 to encourage spending. Producer Price Deflation Deepens. Producer prices, a marker of factory inflation, fell by 2.9 ...
U.S. Economy Shows Resilience Ahead of Elections: GDP
Wednesday, October 30, 2024 5:59 AM UTC. Strong Economic Growth Anticipated. The U.S. economy is expected to sustain a solid growth pace in the third quarter of 2024, bolstered by decreasing ...
Federal Reserve Cuts Rates by 25 Basis Points Amid Slowing
Nov 7, 2024 · Ongoing Inflation Progress and Labor Market Slowdown Drive Fed’s Decision The Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 4.50%-4.75% on Thursday. This ...
U.S. Economy Poised for Growth Amid Election Tensions
Oct 30, 2024 · Chief economist Christopher Rupkey noted, "The U.S. economy is positioned for a strong finish before the election." With GDP growth well above the Federal Reserve's non-inflationary target of ...
Oil Prices Steady Amid Global Tensions and Economic
Nov 5, 2024 · Oil Prices Hold Steady After Recent Surge. Oil prices stabilized in Asian trading on Tuesday, following sharp gains as investors await economic and political signals from the U.S. and China.This ...
U.S. Dollar Holds Steady Amid Interest Rate Expectations and …
Oct 22, 2024 · U.S. Dollar Strengthens on Fed Rate Expectations. On Tuesday, the U.S. dollar maintained its position at a 2.5-month high, buoyed by expectations that the Federal Reserve will adopt a cautious ...
U.S. Dock Workers Strike Ends with Tentative Wage Deal
Oct 4, 2024 · U.S. Dock Workers Strike Ends After Tentative Agreement Reached. The U.S. dock workers strike has officially ended following a tentative agreement between dock workers and port operators, putting ...