latest Economy news, data and analysis - EconoTimes
WEB5 days ago · U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%. Nonfarm employment rose by 254,000 in September, exceeding the …
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Oil Prices Recover Amid U.S. Inventory Build and Middle
WEB10 hours ago · Despite the recovery, oil prices faced pressure due to a significant build in U.S. oil inventories. The American Petroleum Institute (API) reported a 10.9 million …
Can China’s stimulus blitz fix its flagging economy?
WEB22 hours ago · Tuesday, October 8, 2024 4:46 PM UTC. Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting …
U.S. Inflation, Fed Meeting, Earnings Season, and Oil ... - EconoTimes
WEB2 days ago · U.S. September Inflation Data in Focus Thursdays Consumer Price Index (CPI) release is expected to show that inflation moderated at the end of Q3, following a …
RBI Holds Rates at 6.5%, Signals Possible Rate Cut as ... - EconoTimes
WEB9 hours ago · RBI Maintains 6.5% Policy Repo Rate. For the tenth consecutive meeting, the RBI held its policy repo rate at 6.5%, with five of the six members of the Monetary Policy …
U.S. Invests $3 Billion to Boost Domestic EV Battery ... - EconoTimes
WEBSep 21, 2024 · The U.S. Department of Energy is allocating $3 billion to 25 projects across 14 states to enhance domestic electric vehicle battery production. This move aims to …
Wall Street Reconsiders Fed’s Half-Point Rate Cut as ... - EconoTimes
WEB3 days ago · Wall Street questions the Fed’s rate cut as inflation risks grow amid strong job market data. Credit: EconoTimes. Sunday, October 6, 2024 1:32 PM UTC. Wall Street's …
China Confident in 2023 Economic Targets Amid Stimulus Measures
WEB1 day ago · Tuesday, October 8, 2024 3:51 AM UTC. China Confident in Meeting 2023 Economic Goals with New Stimulus Measures. China’s top economic planner, Zheng …
Fed to Maintain Gradual Rate Cuts Amid Economic Strength, …
WEBOct 2, 2024 · Federal Reserve Chair Jerome Powell confirmed that the central bank will continue with gradual quarter-percentage-point rate cuts, following the recent economic …
Fed Faces Crucial Decision: Will a Quarter-Point Rate Cut
WEBSep 8, 2024 · With inflation cooling and the labor market slowing, the Federal Reserve is facing a pivotal decision this month on whether a modest interest rate cut will be enough …