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PAUL SIMAO
Fed will need to explain why current inflation jump differs from 2022 surgeUS inflation pressures are rising again as CPI shows the fastest monthly increase in nearly four years, driven mainly by energy costs linke...- US Federal Reserve minutes flag stronger appetite for rate hike next monthFederal Reserve officials considered raising interest rates last month. This was due to inflation exceeding targets, partly because of the ...
- Fed's Bowman still supports rate cuts despite backing pause at recent meetingUS Federal Reserve's Michelle Bowman still favors interest rate cuts, but voted to hold steady for more data. She anticipates three quarter...
- World Bank sees resilient global growth in 2026 despite tariffs, but fading dynamismThe World Bank forecasts a slight improvement in global GDP growth for 2026, driven by stronger-than-expected performance in advanced econo...
- US weekly jobless claims increase moderatelyNew unemployment claims saw a slight increase last week, reaching a seasonally adjusted 221,000, indicating minimal change in the labor mar...
- RBI chief Shaktikanta Das says inflation moderating, but upside risks require vigilanceIndia's inflation is moderating, but the Reserve Bank of India remains vigilant to risks from unexpected events. Governor Shaktikanta Das s...
- Fed's Powell says more evidence of falling inflation needed before rate cutsThe Fed has kept its benchmark policy interest rate steady in the 5.25%-5.5% range since last July, but officials are debating when to ease...
- US productivity slows sharply in first quarterU.S. worker productivity growth slowed significantly in the first quarter, leading to a surge in labor costs, although the productivity tre...
- US judge orders Elon Musk to testify in SEC's Twitter probeThe SEC sued Musk in October to compel the Tesla and SpaceX CEO to testify as part of an investigation into his 2022 purchase of Twitter, t...
- US SEC says no to new crypto rules; Coinbase asks court to reviewThe five-member commission, in a 3-2 vote, said it would not propose new rules because it fundamentally disagreed that current regulations ...
- Fed's Williams pushes back on market expectations of rate cutsNew York Federal Reserve President John Williams on Friday pushed back on surging market expectations of interest rate cuts, saying the U.S...
- US job openings remain elevated in SeptemberIn September, U.S. job openings increased, indicating ongoing labor market tightness, which is supporting the economy and is likely to keep...
- Disney to nearly double parks spending to USD 60 billion over 10 yearsDisney said its parks, experiences and products segment has expanded at a combined annual growth rate of 6% since fiscal 2017, and generate...
- Oil gains for third straight week on tight supply, China optimismSupply concerns continue to be a driving force for prices since Saudi Arabia and Russia this month announced an extension of their combined...
- Key US jobs data boost Fed's 'soft-landing' hopesCombined, the two data points suggested a drop in labor demand and an easing of hiring conditions, something the U.S. central bank feels is...
- Fed to deliver 25-basis-point hike in May, stay on hold rest of year: PollWorries about an economic downturn, which were also highlighted by the Fed at its March 21-22 policy meeting, and concerns about banking se...
- US current account deficit narrows in fourth quarterThe Commerce Department said the current account deficit, which measures the flow of goods, services and investments into and out of the co...
- U.S. housing starts drop to lowest in nine months in JuneUSA housing starts drop to lowest in nine months in June.
- Fed's Neel Kashkari says inflation will be temporary, workers will returnThe U.S. central bank is beginning a debate over when to start reducing its support for the economy now that the number of daily COVID-19 c...
- India's natural gas consumption starts to rebound in Juneune"In the Indian market there was some slowdown, but the situation is not as bad as last year," Manoj Jain, chairman of GAIL (India), the ...
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