ISTANBUL: The US Federal Reserve has signaled that an interest rate cut is around the corner, but the burning question now is about the extent.
More specifically, the debate is whether the Fed will go for a reduction of 25 or 50 basis points, with va…
ISTANBUL: The US Federal Reserve’s preferred annual inflation indicator remained unchanged at 2.6% in July, according to Commerce Department figures released Friday.
The figure came in slightly lower than market expectations of 2.6% after the core pe…
ISTANBUL: Canada’s real gross domestic product (GDP) rose 0.5% in the second quarter of this year, the country’s statistical body said Friday.
Real GDP increased 0.4% in the first quarter.
“Higher government final consumption expenditures, business …
ISTANBUL: Brazil’s unemployment rate fell to 6.8% in the May-July period, according to data released Friday by the Institute of Geography and Statistics (IBGE).
This marks the lowest unemployment rate for a quarter ending in July since 2012, the IBGE…
ISTANBUL: Major US stock exchanges opened higher on Friday after the release of key inflation figures that are watched closely by the Federal Reserve.
The Dow Jones Industrial Average increased 39 points, or 0.1%, to 41,378 as of 9.52 a.m. EDT (1352G…
ISTANBUL: US consumer sentiment rose in August after falling for four consecutive months, according to final results from the University of Michigan’s consumer survey released Friday.
The index of consumer sentiment rose 1.5 points to 67.9 in August,…
