Month December 2024

China leaves charges unchanged, weak yuan limits easing

SHANGHAI (Reuters) -China left its benchmark lending charges unchanged as anticipated on the month-to-month fixing on Friday. WHY IT’S IMPORTANT Persistent deflationary stress and tepid credit score demand name for extra stimulus to assist the broad economic system, however narrowing…

US PCE inflation cools in November

(Reuters) -The private consumption expenditures (PCE) worth index rose a less-than-expected 0.1% in November, marking a cooler inflation image than October’s unrevised 0.2% achieve, and, mixed with stable however disappointing shopper spending, supported markets battling the Federal Reserve’s “hawkish’ fee…