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…
Week ahead in the markets: ECB interest rate decision takes centre stage
The European Central Bank (ECB) is expected to announce a 0.25% rate cut this week, marking the third reduction this year. Key economic data from…
ECB Is Set to Deepen Global Easing With Rate Cut It Didn’t Expect
Breadcrumb Trail LinksPMN BusinessThe European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that…
Euro falls to two-month low as Fed shows no rush for further large rate cuts
The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to…
Sub 3% mortgages ‘possible’ as Bank of England hints at more ‘aggressive’ interest rate cuts and lenders make reductions
SUB 3% mortgages could be on the cards as the Bank of England hints at more "aggressive" rate cuts. It comes after a host of…
RBA Holds Key Rate at 12-Year High, Defying Global Easing
Breadcrumb Trail LinksPMN BusinessAustralia’s central bank held its key interest rate at a 12-year high on Tuesday as it struggles to subdue stubborn price pressures…
Markets lookahead: Global manufacturing PMIs, SNB, and RBA rate decision
This week is packed with key economic data and events, including manufacturing and services PMIs from major economies, alongside interest rate decisions from the Swiss…
Dow finishes week in record territory following Fed’s interest rate cut
Pedestrians walk near the New York Stock Exchange in New York City on Wednesday as the Federal Reserve Board announced its first interest rate cut…
CIBC Says Rate Cut Means Time Has Come to Buy Discount Bank Stocks
Breadcrumb Trail LinksPMN BusinessNow is the time for equity investors to move out of premium-traded Canadian banks and into discounted banks, analysts at Canadian Imperial…