Asia FX weakens, dollar firms as markets rethink rate cuts
Most Asian currencies weakened on Wednesday, while the dollar firmed as comments from Federal Reserve officials saw markets rethink expectations…
Tag: World Economy
US reveals it paused shipment of bombs for Israel over Rafah concerns
The US last week paused a bomb shipment for Israel over concerns it was going ahead with a major ground…
Immigrant workers are helping boost the U.S. labor market
The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. As Americans age out…
Inflation Back in the Picture as Markets Adapt to Delayed Interest Rate Cuts
The week could be choppy as inflation data comes in hot. After a week in which a slew of Federal Reserve officials…
Economy Struggling With High Interest Rates and Stubborn Inflation
Reports out Thursday showed home sales declined and the economy facing some headwinds. A pair of economic reports on Thursday…
Europe’s economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes ease
FRANKFURT, Germany (AP) — Europe’s economy perked up slightly at the start of the year, recording 0.3% growth in the…