Economy

Economic News

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NEWS dow-jones

IMF Says New Zealand Rates Need to Rise

By James GlynnSYDNEY--The International Monetary Fund has called for higher interest rates in New Zealand to contain inflation, while admitting the economy has been hit hard by oil shocks.In its latest report card on the state of play in the South Pacific economy, the IMF said policy makers face di…

Dow Jones Newswires en
Economy
NEWS dow-jones

Australian House Price Slide Fans Fears Of Extended Slump

By James GlynnSYDNEY--Australian house values recorded their largest monthly retreat since late 2022 in June, with the market responding to higher interest rates and tax changes announced in May that make property investment less appealing.Property research firm Cotality said Wednessday that its na…

Dow Jones Newswires en
Economy
NEWS dpa_afx

BoJ Tankan Survey Due On Wednesday

CANBERA (dpa-AFX) - The Bank of Japan will on Monday release its quarterly Toankan Survey of business sentiment, highlighting a busy day for Asia-Pacific economic activity.The large manufacturers index is expected to show a score of +16, down from +17 in the previous three months. The outlook is se…

dpa-AFX en
Economy
dpa_afx

U.S. Dollar Ticks Higher Amid Ongoing Rate Hike Expectations, JOLTS Data Release

WASHINGTON (dpa-AFX) - The U.S. Dollar value ended roughly flat as expectations of a near-term interest hike by the U.S. Federal Reserve increase while data on job openings indicated a two-year-high indicating resilience in the economy. The increase in shipping traffic across the Strait of Hormuz l…

dpa-AFX en
EconomyForex
gurufocus

EU-China Trade Deficit Hits 360 Billion as October Deadline Nears

EU and China officials have set an October deadline to make progress on rising trade disputes, as Brussels pushes for tangible results in its strained economic relationship with Beijing. EU trade chief Maros Sefcovic said both sides may not solve every issue by then, but their teams have enough tim…

GuruFocus en
Economy
NEWS dpa_afx

Treasuries Move To The Downside Following Job Openings Data

WASHINGTON (dpa-AFX) - After ending yesterday's choppy session roughly flat, treasuries showed a notable move to the downside during trading on Tuesday.Bond prices moved steadily lower over the course of the session, closing firmly negative. As a result, the yield on the benchmark ten-year note, wh…

dpa-AFX en
BondsEconomy
NEWS dow-jones

Canada's Carney Pushes Environmental-Policy Pivot Amid Energy Uncertainty — Update

By Paul VieiraOTTAWA--Canadian Prime Minister Mark Carney said Tuesday his government has to pivot from his predecessor's environmental policy because the country needs to capitalize on its immense oil and gas reserves, due to heightened geopolitical uncertainty and economic sluggishness.Furthermor…

Dow Jones Newswires en
EconomyFutures
NEWS dow-jones

FCC to Vote on Holding Spectrum Auction in 2027

By Elias SchisgallThe Federal Communications Commission will vote on holding another auction next summer for 3,248 licenses covering 160 megahertz of spectrum, in response to what the agency described as surging demand for spectrum for wireless services.The FCC will vote on whether to hold the auct…

Dow Jones Newswires en
Economy
NEWS dow-jones

Canada's Carney Pushes Environmental-Policy Pivot Amid Energy Uncertainty

By Paul VieiraOTTAWA--Canadian Prime Minister Mark Carney said Tuesday his government has to pivot from his predecessor's environmental policy because the country needs to capitalize on its immense oil and gas reserves, due to heightened geopolitical uncertainty and economic sluggishness.Furthermor…

Dow Jones Newswires en
EconomyFutures
zacks

Will Economic Development Accelerate PPL's Long-Term Earnings Growth?

PPL Corporation PPL benefits from ongoing economic development across its service territories, driven by expanding data center, advanced manufacturing and industrial investments. Rising electricity demand supports higher infrastructure spending, expands the regulated rate base and strengthens long…

Zacks en
EconomyStocks US

Fed's Beth Hammack Says Rate Hikes May Be Needed To Tame Inflation, Says AI Data Center Buildout Is Adding Pressure On Prices

Federal Reserve Bank of Cleveland President Beth Hammack said Tuesday that interest rates may need to be raised to bring inflation back under control.During an interview with CNBC, Hammack said that inflation has been elevated for the past five years. “We’ve got inflation that’s too high, and it’s…

Stocktwits en
EconomyETFs
zacks

Pivotal Week Ahead: Warsh's Hawkish Turn, June Jobs Report on Deck

Some weeks are about a single headline. This one is about a convergence.As the second half of 2026 gets underway, investors are digesting a Federal Reserve that just reset its tone under new leadership, an interest-rate outlook that has quietly flipped on its head, a jobs report that could decide w…

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Economy