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New Zealand Manufacturing Surges Back To Life In December

خلاصہ: New Zealand Manufacturing Surges Back To Life In DecemberThe BusinessNZ performance of manufacturing index rose 4.4 points to 56.1, its highest level since 2021.Source InformationPublisher: WSJ.com: EconomyOriginal Source: Read more
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Fed’s Schmid Says Inflation Warrants Keeping Interest Rates Unchanged

خلاصہ: Fed’s Schmid Says Inflation Warrants Keeping Interest Rates UnchangedSchmid, one of three dissenters in Federal Reserve’s decision for quarter-point rate cut in December, said that with inflation above the Fed’s 2% target for more than four years policymakers don’t have room to be complacent.Source InformationPublisher: WSJ.com: EconomyOriginal Source: Read more
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In an interview, the Philly Fed’s new president shows support for Jerome Powell and says rate cuts can wait

خلاصہ: In an interview, the Philly Fed’s new president shows support for Jerome Powell and says rate cuts can waitIn her first interview with a national outlet since taking the job, Anna Paulson says the central bank chair has been “very effective.”Source InformationPublisher: WSJ.com: EconomyOriginal Source: Read more
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Canadian Factory, Wholesale Sales Dented by Auto Industry Weakness

خلاصہ: Canadian Factory, Wholesale Sales Dented by Auto Industry WeaknessA slump by Canada’s auto industry in November as a semiconductor shortage weighed on activity hit sales by factories and wholesalers and threatens to hold back economic growth in the final quarter of last year.Source InformationPublisher: WSJ.com: EconomyOriginal Source: Read more

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