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US Dollar rises to near 7-month high as inflation data hints Fed’s rate cuts strategy

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The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for...
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IMF warns global public debt to exceed $100 trillion amid spending surge | World News

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).push({}); ] The IMF's latest Fiscal Monitor report showed global public debt will reach 93 per cent of global gross domestic product by the end...
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Fed officials signal more rate cuts as inflation cools, Bostic open to skip | World News

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).push({}); ] On Thursday, futures contracts that settle to the Fed's policy rate were pricing in a better-than-even chance of a policy rate in the...
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US unemployment benefit claims jump to 258,000, at highest level in a year | World News

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).push({}); ] It was the Fed's first rate cut in four years after a series of rate hikes in 2022 and 2023 pushed the federal...
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US inflation likely cooled again last month in sign of healthy economy | World News

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).push({}); ] US inflation last month likely reached its lowest point since February 2021. Photo: pexels4 min read Last Updated : Oct 10 2024...
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US trade deficit narrows sharply in August on increase in exports | World News

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).push({}); ] The economy grew at a 3.0 per cent pace in the April-June quarter. | Photo: pexels1 min read Last Updated : Oct...
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Fed’s Williams says appropriate again to cut rates ‘over time’: Report | World News

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).push({}); ] John Williams, president and chief executive officer (CEO) of the New York Federal Reserve Bank2 min read Last Updated : Oct 08...
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Biden talks election, economy, and, Middle East in surprise news briefing | World News

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).push({}); ] Joe Biden on Friday decided to pop in and take questions in the White House briefing room. (Photo: shutterstock)4 min read Last...
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US job growth accelerates in Sep, unemployment rate declines to 4.1% | World News

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).push({}); ] 3 min read Last Updated : Oct 04 2024 | 7:38 PM IST U.S. job growth accelerated in September and the unemployment slipped...
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Immigration helps US economy grow: Why Janet Yellen backs migrants decoded | Personal Finance

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3 min read Last Updated : Oct 04 2024 | 11:41 AM IST With anti-immigrant sentiments growing in countries like Australia, the UK,...
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