China’s Weakening Economy Puts Focus on Stimulus After Rate Cut
China’s weakening economy prompted the central bank to cut interest rates for the first time since August, and
2023-06-15 16:21
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:18
China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding
2023-06-15 12:56
BOE’s Interest Rate Hikes Are Taking Longer to Curb UK Inflation
A shift in Britain’s mortgage market is delaying the impact of higher interest rates on the economy, increasing
2023-06-15 12:23
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:24
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24
Japan’s Exports Weaken Further Amid Global Economic Slowdown
Japan’s exports expanded at the weakest pace in over two years amid a global economic slowdown, an outcome
2023-06-15 08:58
Bond Traders Step Up Bets the Fed Will Steer US Economy Into Recession
Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession.
2023-06-15 08:20
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 08:18
New Zealand Falls Into Recession as GDP Drops in First Quarter
New Zealand’s economy contracted for a second consecutive quarter in the first three months of the year, confirming
2023-06-15 07:28
Used-Car Prices May Cool Off in Months Ahead, According to Industry Indicators
The jump in used-car costs that propped up US inflation last month is widely expected to swing into
2023-06-14 23:59
Ghana’s Surprise Uptick in Inflation May See Rate Hikes Return
Ghana’s inflation rate unexpectedly rose in May, adding pressure on the central bank to resume rate hikes next
2023-06-14 18:21