French Inflation Tops Expectations as Energy Prices Climb
Enduring energy-price pressures could push European Central Bank policymakers to raise interest rates again next month. Source link
Economics
U.S. Treasury Yields Fall on Dovish-Leaning Fed Speech
Treasury yields retreated from multiyear highs in Asian trade on Wednesday after Federal Reserve speeches lowered market expectations of interest-rate
China PMIs Signal Improvement Across Sectors
Economic activity showed signs of improvement in September, with official gauges of manufacturing, services and construction activity all picking up.
New York Fed President John Williams said that the Federal Reserve needn’t rush to continue raising interest rates after officials voted through the first rate increase in three years last week
The remarks could reset expectations for the central bank’s next move at a meeting four weeks away. Source link
New York Fed President John Williams said Tuesday that the Federal Reserve needn’t rush to continue raising interest rates after officials voted through the first rate increase in three years last week
The remarks could reset expectations for the central bank’s next move at a meeting four weeks away.. Source link
Canada GDP Indicates Recovery After Stalling in July
Gross domestic product was unchanged from the month before in July, snapping three straight months of expansion that included upwardly
U.S. Consumer Confidence Fell Sharply in September, Conference Board Says
The research group said its consumer confidence index fell by 6.7 points to 81.9 following two prior months of softening.
U.S. Home Price Growth Increases Again
The S&P Cotality Case-Shiller National Home Price Index, which measures home prices across the country, rose 1.9% in the 12
Dollar Rises to 2-Month High on Growing Prospect of October U.S. Rate-Rise
Since increasing rates earlier this month, remarks from Fed policymakers have added to expectations that another rate hike is imminent.
Eurozone Business Confidence Slips
Businesses and consumers across the eurozone grew slightly more pessimistic about the economy in September. Source link