Monthly archive October, 2019

Producer prices in the U.S. unexpectedly decreased in the month of September, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index for final demand fell by 0.3 percent in September Read More →

Citing unexpectedly intense volatility in wholesale funding markets, Federal Reserve Chairman Jerome Powell indicated on Tuesday that the central bank intends to resume increasing the size of its balance sheet.Original Article Read More →

Australia's consumer confidence weakened to the lowest level in more than four years in October despite interest rate reductions, survey results from Westpac showed Wednesday. The Westpac-Melbourne Institute Index of Consumer Sentiment dropped to 92.8 in October from 98.2 in Read More →

The World Bank forecast economic growth across Europe and Central Asia to ease this year reflecting the slowdown in both Russia and Turkey. According to the latest World Bank Economic Update for Europe and Central Asia, released Wednesday, growth in Read More →

A few participants at the Federal Reserve's monetary policy meeting in September expressed concerns that the markets expect more interest rate cuts than are appropriate, according to the minutes of the meeting released on Wednesday.Original Article Read More →

The U.S. Dollar stayed firm against most major currencies on Wednesday amid renewed optimism about the upcoming high-level trade talks between the U.S. and China.Original Article Read More →