Monthly archive May, 2021

The Philippine central bank decided to keep its interest rate at record low on Wednesday, after official data showed that the economy continued to contract at the start of the year. The Monetary Board of the Bangko Sentral Ng Pilipinas Read More →

The U.S. dollar gained in strength and scored gains against it major counterparts on Wednesday as data showing an acceleration in U.S. inflation in April raised speculation that the Federal Reserve will tighten its monetary policy sooner than expected.Original Read More →

Partly reflecting a spike in prices for used cars and trucks, the Labor Department released a report on Wednesday showing U.S. consumer prices increased by much more than expected in the month of April. The Labor Department said its consumer Read More →

The U.S. dollar was weak against its major counterparts on Tuesday amid rising fears about inflation.Original Article Read More →

China's consumer price inflation rose moderately at a slower-than-expected pace in April, while producer prices grew at the fastest pace in more than three years driven by higher commodity prices. Consumer price inflation rose to 0.9 percent in April from Read More →

New orders for U.S. manufactured goods showed a notable rebound in the month of March, according to a report released by the Commerce Department on Tuesday. The Commerce Department said factory orders jumped by 1.1 percent in March after falling Read More →