December Australia Inflation: A Cool Report Unlocks A Rate Cut In February
Australia's CPI inflation slows to 2.4% YoY in Q4 2024, driven by government rebates. Click here to find out what investors ...
Forecasts for December PCE Report Show Continued Improvement on Core Inflation
In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Engineering News59m
IATA reports that 2024 set a new record for air cargo demand
The International Air Transport Association (IATA), which is the global representative body for the airline industry, has reported that 2024 was a record year for air cargo, beating the previous ...
Bank of Canada13h
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...
MoneySense17h
Bank of Canada cuts key interest rate by quarter point to 3%
The central bank announced its sixth cut in a row since June, as looming U.S. tariffs add uncertainty to the economic outlook ...
Barchart on MSN4h
Nasdaq Futures Climb as Investors Weigh Big Tech Earnings, U.S. GDP Data and Apple Results in Focus
Nasdaq 100 E-Mini futures (NQH25) are trending up +0.54% this morning as investors digested earnings reports from big U.S. tech companies. Tesla (TSLA) gained over +2% in pre-market trading despite ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...