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Monthly archive January, 2020

Growth In New York Manufacturing Activity Shows Modest Acceleration

Partly reflecting a notably faster rate of growth in new orders, the Federal Reserve Bank of New York released a report on Wednesday showing a modest acceleration in the pace of growth in regional manufacturing activity in the month of Read More →

Fed’s Beige Book Notes Continued Modest U.S. Economic Growth

In a look back at the final six weeks of 2019, the Federal Reserve's Beige Book said Wednesday that U.S. economic activity generally continued to expand modestly. The Beige Book noted the Dallas and Richmond Districts saw above-average growth, while Read More →

Dollar Exhibits Weakness Against Peers

The U.S. dollar exhibited weakness on Wednesday as the U.S. said the 25% tariffs on Chinese goods worth $250 billion imported into U.S. will remain in place until past the 2020 election in The U.S.Original Article Read More →

New Zealand December Credit Card Spending Slips 0.6%

The total value of overall credit card spending in New Zealand fell a seasonally adjusted 0.6 percent on month, Statistics New Zealand said on Thursday - after climbing a downwardly revised 0.9 percent in November (originally 1.0 percent).Original Article Read More →

Pound Drops As BoE Rate Cut Odds Grow After Weak U.K. Inflation Data

The pound depreciated against its key counterparts during European deals on Wednesday, after Bank of England policymaker Michael Saunders joined his peers in supporting a potential interest rate reduction and as U.K. inflation eased to its lowest since November 2016 Read More →

U.S. Consumer Prices Rise 0.2% In December, Less Than Expected

Consumer prices in the U.S. increased by slightly less than anticipated in the month of December, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in Read More →