Specialized search for economics

2+ min ago   (516+ words) Inflation is forecast to have fallen to a 2.4% annual rate in January from 2.7% in December in the latest government report on consumer prices to be issued Friday. That would be the lowest rate in nine months. Core prices, which exclude…...

3+ min ago   (502+ words) The US Bureau of Labor Statistics (BLS) will publish January's Consumer Price Index (CPI) data on Friday, delayed by the brief and partial United States (US) government shutdown. The report is expected to show that inflationary pressures eased modestly but…...

13+ min ago   (226+ words) The AUD/JPY pair struggles to capitalize on a modest Asian session uptick and remains close to a nearly two-week low, touched the previous day. Spot prices currently trade just below mid-108.00s, up less than 0.20% for the day, and seem poised…...

14+ min ago   (8+ words) Peskov: Dollar must compete with national currencies'breakingthenews.net...

20+ min ago   (218+ words) Furthermore, a turnaround in the global risk sentiment " as depicted by a generally weaker tone around the equity markets " turns out to be another factor driving flows toward safe-haven Gold. It remains to be seen, however, if the XAU/USD…...

25+ min ago   (373+ words) The GBP/JPY cross holds positive ground near 208.25, snapping the four-day losing streak during the early European session on Friday. However, the potential upside might be limited amid hopes that Japan's Prime Minister Sanae Takaichi could be more fiscally responsible…...

26+ min ago   (358+ words) EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index (RSI) momentum indicator at 56 stays above the midline, confirming steady momentum. RSI has eased but…...

32+ min ago   (644+ words) Last month, the state of Michigan's minimum wage increased to $13.73 per hour, $2.73 higher than Ohio's minimum wage of $11 an hour. Ohio's minimum wage grows every year due to a constitutional amendment passed by Ohio voters in November 2006 that tied the…...

33+ min ago   (789+ words) Canadian Prime Minister Mark Carney's plan to increase a goods-and-services tax credit to offset existing taxes on basic groceries appears to be a political response to voters' concerns about the growing cost of living. The government is framing the GST…...

33+ min ago   (451+ words) It is a long road back for the United States economy, which was taken for a ride by the Biden administration. President Trump has done his part to roll back bad policy while also cracking down on fraud and abuse…...