UK Inflation Eases Unexpectedly To 3-Year Low

UK consumer price inflation eased to a three-year low in December, which is likely to force more policymakers to favor a rate cut as soon as later this month. Data from the Office for National Statistics revealed that inflation slowed Read More →

U.S. Producer Prices Inch Up Less Than Expected In December

A report released by the Labor Department on Wednesday showed a modest increase in U.S. producer prices in the month of December. The Labor Department said its producer price index for final demand inched up by 0.1 percent in December Read More →

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 →