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US-China officials to hold economic talks before Trump return
Economic officials in outgoing President Joe Biden’s administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump’s White House return.The talks come as Treasury Secretary Janet Yellen stressed in an interview Wednesday the need for “ongoing communications at all levels” to avoid needless …
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Stocks mostly rise as US inflation data boosts rate cut hopes
US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.Wall Street’s three main indexes pushed higher at the opening bell after November consumer inflation figures were in line with analyst expectations.The consumer price index (CPI) rose to 2.7 percent last month from a …
Stocks mostly rise as US inflation data boosts rate cut hopes Read More »
Stocks rise as US inflation data boosts rate cut hopes
US and European stock markets rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.Wall Street’s three main indexes snapped higher at the opening bell after November consumer inflation figures were in line with analyst expectations.The consumer price index (CPI) rose to 2.7 percent last month from a year …
Stocks rise as US inflation data boosts rate cut hopes Read More »
Stocks struggle for direction before US inflation data
Stock markets struggled for direction Wednesday as traders awaited key US inflation data with the Federal Reserve expected to cut interest rates next week.Traders were also keeping tabs on China to see if it will announce further measures to support its struggling economy.Seoul extended Tuesday’s rebound, though political uncertainty after South Korean President Yoon Suk …
Stocks struggle for direction before US inflation data Read More »