The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts ...
Economists expect that real GDP grew about 2.5% in the period, below the third quarter’s growth rate, due to a trade deficit ...
Investors maintained bets for further easing, pricing an additional 70 basis points of cuts during the rest of 2025, which would lower rates to near 2 per cent.
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...
Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace. This was led by a pickup in motor vehicle sales.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
US economic growth slowed in the final quarter of 2024, expanding at an annualised 2.3%—lower than economists’ expectations—after a 3.1% rise in the previous quarter, according to the Bureau of ...
The ECB announcement will follow the Federal Reserve's decision to keep US borrowing costs on hold Wednesday as inflation.
The US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.