Category: Economy News
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What to anticipate from the release of the Fed’s favored inflation measure on Friday
Federal Reserve officials are set to receive the latest update on their preferred Inflation measure on Friday, which could impact the upcoming rate decision in September. The Commerce Department is
DetailTop Companies that Build Data Centers
Data centers are essential for the digital economy, supporting a wide range of applications from cloud services to AI. The global data center market is booming, with an estimated $215
DetailAugust 2024 Euro Zone Inflation: Here’s What You Need to Know
Euro zone Inflation fell to a three-year low of 2.2% in August, according to preliminary data from Eurostat, raising expectations for a rate cut by the European Central bank in
DetailCan the US realistically create a sovereign wealth fund? TD Cowen explains
The concept of establishing a U.S. Sovereign Wealth Fund has drawn attention, with proposals from both former President Donald Trump and current President Joe Biden presenting different approaches. Trump’s vision
DetailSlowing Inflation: Uncertain Next Moves for the Fed
Federal Reserve officials are approaching their policy meeting with Inflation easing but uncertainty remains about the extent of interest rate adjustments. Recent data indicates a significant decrease in price pressures
DetailTakaichi Urges BOJ to Avoid Raising Rates, According to Japan’s Potential PM
Japan’s Minister in charge of economic security, Sanae Takaichi, a key contender in the ruling party’s leadership race, emphasized the importance of maintaining ultra-low Interest rates to support the country’s
DetailJuly inflation indicator increases by 0.2%, in line with Fed’s expectations
Inflation ticked up in July, as indicated by a measure favored by the Federal Reserve ahead of its anticipated interest rate cut – the first in over four years. The
DetailMalaysian Sect Under Scrutiny Following Child Abuse Allegations
In Malaysia, the recent rescue of children and youths from charity homes linked to Global Ikhwan Services and Business Holdings (GISB) has brought attention to the firm’s connections to an
DetailCould Weak Manufacturing Indicators signal a U.S. Economic Slowdown?
U.S. factories continued to experience a slowdown in August, raising concerns about the direction of the economy, according to various manufacturing indicators. The Institute for Supply Management’s monthly survey of
DetailChina Deflation Expected to Impact Policy Decisions in Near Future
China is facing growing concerns over deflationary pressures as recent data points to widespread price declines and weak demand. Despite some attempts to stimulate Inflation, policymakers are primarily focused on
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