Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?
WASHINGTON (news agencies) — Two years after launching an aggressive fight against inflation and one year after leaving its benchmark ...
Read moreTag: Economy
Fed’s preferred inflation gauge cools, adding to likelihood of a September rate cut
WASHINGTON (news agencies) — The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are ...
Read moreHarris will carry Biden’s economic record into the election. She hopes to turn it into an asset
WASHINGTON (news agencies) — A key question is looming for Vice President Kamala Harris as she edges closer to gaining ...
Read moreUS economic growth increased last quarter to a healthy 2.8% annual rate
WASHINGTON (news agencies) — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses ...
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‘Transit trade to boost economy’
KARACHI: Transit trade will not only become a source of enormous trade development but also a resource generation and fixed ...
Read moreIMF’s economic view: Brighter outlook for China and India but tepid global growth
WASHINGTON (news agencies) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and ...
Read moreChina’s economy slowed in the last quarter as weak consumer demand dragged on growth
BANGKOK (news agencies) — China’s economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter, the government reported ...
Read moreChina’s Communist Party will signal its approach to the country’s challenges at a meeting this week
BEIJING (news agencies) — China’s ruling Communist Party is starting a four-day meeting Monday that is expected to lay out ...
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Powell stresses message that US job market is cooling, a possible signal of coming rate cut
WASHINGTON (news agencies) — Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing ...
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Kenya’s president warns of huge consequences after his effort to address an $80 billion debt fails
NAIROBI, Kenya (news agencies) — The ballooning debt in East Africa’s economic hub of Kenya is expected to grow even ...
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