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Economic News
“Not yet” ready for rate cuts, willing to hike again if needed
By Howard SchneiderWASHINGTON (Reuters) - The U.S. economy is not at the point where…
More homes are up for sale this spring, but rising rates could keep buyers on sidelines
The housing market's spring selling season could be more robust this year as inventory…
Mexico’s Annual Inflation Slows Down, Paving Way for Interest Rate Cut This Month
(Bloomberg) -- Mexico’s headline inflation slowed for the first time since October,…
Nasdaq, S&P 500 futures inch up ahead of more economic data, Powell testimony
(Reuters) - S&P 500 and Nasdaq futures edged higher on Thursday ahead of more…
German Factory Orders Slump in New Sign of Economic Slowdown
(Bloomberg) -- German factory orders dropped sharply at the start of 2024 following an…
Europe’s inflation is way down. But hope is gone for a quick interest rate cut
FRANKFURT, Germany (AP) — Europe's energy crisis sparked by Russia's war in Ukraine has…
Oil prices hold gains on upbeat China trade data
By Florence TanSINGAPORE (Reuters) -Oil prices held steady on Thursday, holding onto…
Australian and Vietnamese prime ministers elevate their nations’ booming economic relationship
MELBOURNE, Australia (AP) — Australian and Vietnamese prime ministers on Thursday…
Fed economists pose solution to the ‘anomaly’ in the American housing market
Buying a home is expensive these days, but not just because of sky-high prices and…
Fed Impact Wanes as Local Factors Take Priority in EM Asia Bonds
(Bloomberg) -- Currencies and bonds in emerging Asia are moving less in tandem with…