The 24 Hours of Rate Cuts That End Year of Global Central-Bank Easing
Breadcrumb Trail LinksPMN BusinessA year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a…
European Central Bank delivers final rate cut of the year
The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and…
Inside UK seaside town named one of the best – tourists rate one thing
This picturesque seaside town has been dubbed one of the finest holiday destinations in the entire UK - and there is one particular highlight that…
U.S. job growth is strong in November, but retailers pull back
WASHINGTON — Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the labor market remains healthy despite signs…
Eurozone’s inflation rate rises to 2.3%: Should the ECB be concerned?
Annual inflation in the eurozone edged higher in November, matching expectations, while Germany reported its worst retail sales drop in two years, signalling broader economic…
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly…
Higher energy bills push rate to 2.3% in October
Getty ImagesA rise in energy prices pushed UK inflation to its highest rate for six months, official figures show.The inflation rate, which measures price changes…
Trump, the 2028 Olympics and what it all means for L.A.
Good morning, and welcome to L.A. on the Record — our City Hall newsletter. It’s Dakota Smith with all the news.During his last term, President…
October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from the Bureau of Labor Statistics.…
UK unemployment rate rises and wage growth slows again – what it means for your money – The Sun
THE UK rate of unemployment has risen while wage growth has eased, according to the Office for National Statistics (ONS).Unemployment rose to 4.3% between July and…
Blow for renters on Universal Credit as key benefit rate FROZEN – with thousands facing £3,129 shortfall
OVER one million private renters on Universal Credit will see the help they get with payments frozen next year.Local Housing Allowance (LHA) rates will remain at their current…
RBA Set to Hold Key Rate to Counter Sticky Prices, Global Risks
Breadcrumb Trail LinksPMN BusinessAustralia’s central bank is poised to keep interest rates at a 13-year high, marking a year of unchanged policy as it grapples…
Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a…
Birth rate plunges to lowest in 50 years as Millennials shun families amid financial fears & relationship difficulties
THE birth rate has dropped to its lowest in close to 50 years.Just 591,072 new arrivals — the smallest number since 1977 — were recorded…
Bank of Canada interest rate decision official statement
Breadcrumb Trail LinksNewsEconomyReduces key policy rate to 3.75%Published Oct 23, 2024 • 3 minute read You can save this article by registering for free here.…
US women having abortions at the same rate as before ban: New study | Health News
A study shows women in the US are getting around state bans by using telehealth to obtain abortion pills.Women in the United States who live…
BofA Extends FX Rate Guarantees To A Year
Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the…
ECB rate cuts: ‘We’re breaking the neck of inflation,’ says Lagarde
Inflation is on track to hit the medium-term 2% target in 2025. The ECB remains data-dependent, with no pre-commitment to future rate changes. ADVERTISEMENTIn a…
Euro under pressure ahead of European Central Bank interest rate decision
The euro began its downtrend against the US dollar at the end of September after reaching a 15-month high. Despite a potential near-term rebound, analysts…
Will ECB deliver another interest rate cut at this week’s meeting?
The ECB is expected to announce a rate cut on Thursday, responding to falling inflation and worsening economic conditions. Eurozone inflation fell to 1.8% in…