Federal Reserve’s Inflation Confidence Update
Federal Reserve Governor Lisa Cook recently stated that inflation has decreased at a faster rate than anticipated. However, central bank officials are hesitant to reduce interest rates until they are…
The Market Takes a Breather
The market experienced a slight setback on Wednesday, following a period of impressive gains. It was a day of selling, leading to the Dow Jones Industrial Average's worst performance since…
Mexico’s Economic Activity Gains Momentum in Q3
Mexico's economic activity continued to expand in the third quarter, marking the eighth consecutive period of growth. The country's gross domestic product (GDP) grew by 0.9% from the previous quarter…
Malaysia’s Economy Shows Signs of Expansion in Q3
Malaysia's economy demonstrated notable growth in the third quarter, driven primarily by the services sector, according to advance estimates. The Department of Statistics reported that gross domestic product (GDP) increased…
Concerns About the Future of the Economy
A recent survey of consumer sentiment reveals that Americans are expressing more concerns about the future of the economy, despite the sentiment hanging close to a two-year high in August.…
Resilience of Canadian Consumers Faces Challenges
The resilience of Canadian consumers has been put to the test as the first half of the year came to a close. This suggests that consumption is no longer driving…
Banks and Financial Institutions See Growth Despite Fed Interest Rate Hikes
Shares of banks and other financial institutions have experienced an increase as traders closely monitor comments from central bankers. Senior officials at the Federal Reserve have expressed hope that the…
Economic Growth Picks Up in May Following End of Strike
OTTAWA--The Canadian economy experienced a boost in economic growth during the month of May, signaling a recovery after one of the largest strikes in the country's history. However, recent estimates…