ISTANBUL: The Federal Reserve is expected to signal that US economic indicators and the outlook of the American economy are on course for an interest rate cut in September after its two-day meeting Wednesday, according to an expert.
“The FOMC (Federa…
ISTANBUL: Mexico’s gross domestic product (GDP) is estimated to show an annual growth of 1.1% with seasonally adjusted series in real terms during the second quarter, according to the country’s statistics agency INEGI on Tuesday.
The GDP is estimated…
ISTANBUL: Brazil’s producer price index (PPI) increased 1.28% in June, rising for the fifth consecutive month, according to official data released on Tuesday.
The monthly PPI figure for May was revised down to a gain of 0.36% from an increase of 0.45…
ISTANBUL: Italy’s gross domestic product rose 0.2% in the second quarter of 2024 compared to previous quarter, according to preliminary estimates released on Tuesday.
“After a slight decline in the second quarter of 2023, this growth represents the f…
ISTANBUL: US house prices annually jumped 5.7% in May, from the same month of last year, the Federal Housing Finance Agency (FHFA) said Tuesday.
The figure for April was revised up to a gain of 6.5% from an increase of 6.3%.
On a monthly basis, howe…
ISTANBUL: US consumer confidence increased strongly in July from the previous month, according to the New York-based The Conference Board on Tuesday.
The consumer confidence index, a leading indicator of consumer spending and economic activity, rose …
