FedPolicy

US Jobless Claims Surge to Highest Level in Two Months

11 days ago

In a concerning development for the US labor market, new data released last week indicates that jobless claims have risen to their highest level in two months. This striking increase has raised eyebrows among economists and analysts, as it could signal underlying challenges in the jobs sector amid ongoing economic fluctuations.

U.S. Core CPI Shows Resilience, Registers 0.3% Gain for Third Consecutive Month

1 month ago

The latest data from the U.S. Bureau of Labor Statistics reveals that the Core Consumer Price Index (CPI) has exhibited a consistent upward trend, registering a 0.3% increase for the third month in a row. This steady growth reflects ongoing inflationary pressures within the economy, raising questions about potential implications for monetary policy and consumer spending.

Hong Kong Cuts Interest Rates to Bolster Economic Recovery Amid Global Financial Shifts

2 months ago

In a strategic maneuver closely following the Federal Reserve's monetary policy changes, Hong Kong has announced a cut in its interest rates, signaling a proactive approach to stimulate its economy in the face of ongoing challenges. This decision reflects a concerted effort to energize growth and support financial stability as the region navigates through an uncertain economic landscape.

US September CPI Report: Inflation Trends and Insights

2 months ago

The latest Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics has revealed key insights into the nation’s inflationary trends for September 2024. The data shows that inflation pressures are gradually moderating, providing a glimpse of relief for consumers and policymakers alike.