Hike

The shadow board cits high official inflation data and more:Most recently, the monthly consumer price index (CPI) rose 5.6% in the twelve months to September 2023, while the quarterly inflation rate fell to 5.4% year-on-year in Q3, the…

EUR/USD & GOLD PRICE FORECASTGold prices and EUR/USD could gain ground in the near term, but the broader trend may hinge on incoming U.S. economic dataAttention will be on the ISM services PMI and the U.S. labor market report later this…

© Reuters. FILE PHOTO: A view shows the newly designed Russian 1000-rouble banknote during a presentation in Moscow, Russia October 16, 2023. REUTERS/Maxim Shemetov/File Photo By Alexander Marrow MOSCOW (Reuters) - The rouble leapt…

The cryptocurrency known as Injective (INJ) has exhibited a remarkable increase in price, exceeding 900% since the commencement of the year, even in the face of a general downward trend in the digital currency …

General Motors and Stellantis have each agreed to provide 25% wage increases to United Auto Workers members in their ongoing contract talks, matching the same offer by Ford to end the six-week strike, according to people familiar with the…

(Bloomberg) -- The United Auto Workers reached a tentative labor agreement with Ford Motor Co., putting pressure on the carmaker’s two chief rivals to end a protracted strike that has cost the industry billions of dollars.Most Read from…

Investing.com-- Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong inflation reading fueled expectations for an interest rate hike in…

The data is here:TL;DR is of higher than expected inflation data from Australia. Right across all three measures: headline trimmed mean (a core inflation measure) weighted median (another core inflation measure)The Reserve Bank of…

© Reuters. FILE PHOTO: Onions are displayed at a stall at a public market in Manila, Philippines, January 28, 2023. REUTERS/Lisa Marie David/File Photo MANILA (Reuters) - Philippine inflation quickened for a second straight month in…

The Federal Reserve Bank of the United States wields enormous power in the global financial environment. Among its most powerful weapons is the federal funds rate, which has a significant impact on the economic situation in the United…