The Latest Breaking News from Economy

Bank of Japan survey shows manufacturers optimistic about economy, as inflation abates

The Bank of Japan's quarterly survey on business sentiment shows large Japanese manufacturers have grown more optimistic in the past several months

The Independent UK · Dec 13, 2023

Asian Markets Mixed After US Inflation Data As Fed Decision Looms

Markets were mixed Wednesday after an unremarkable US inflation report tempered expectations for an interest rate cut early next year, with attention moving to the Federal Reserve's policy statement later in the day.

International Business Times · Dec 13, 2023

China’s fears over the economy and its Gen Z 'lying flat' have it worried about social media posts with a bad attitude

Its internet censorship agency issued new rules to ban content that promotes “pessimism” about the country’s economy.

Fortune · Dec 12, 2023

Myanmar's economy is deteriorating as its civil conflict intensifies, World Bank report says

The World Bank says Myanmar’s economy is forecast to grow only 1% in the fiscal year that ends in March

The Independent UK · Dec 12, 2023

Chinese leaders consider next steps for economy as debt and deflation cloud outlook for coming year

State media say Chinese leaders have wrapped up a two-day annual meeting to set economic priorities for the coming year

The Independent UK · Dec 12, 2023

Andrew Bailey is wrong. The Bank of England must cut interest rates now

City Voices: If the Bank wants to avoid a long and damaging recession then it needs to act fast

Evening Standard · Dec 12, 2023

'Cold War II' could wipe trillions from global economy, IMF says

The group says $7 trillion worth of GDP could be lost to a new Cold War, undoing progress since the fall of the Soviet Union.

Fortune · Dec 12, 2023

Low-Cost Airline In UK Announces New Rules, No Free Hand Luggage For Passengers

The airline revealed its new rule on its Facebook page.

International Business Times UK · Dec 12, 2023

50 Painful Examples Of People Getting Absolutely Ripped Off

It’s all dandy when the commodity is worth the price you paid, but when the high price point doesn’t match up with what you’ve been promised, it can be infuriating, to say the least. The post 50 Painful Examples Of People Getting Absolutely Ripped Off first appeared on Bored Panda.

Bored Panda · Dec 12, 2023

Fed December Meeting: Another Pause Before The Pivot?

CME's FedWatch Tool points to a 98.4% probability of FOMC setting the FFR target at the current range this week, down from 97.1% a week ago and 90.9% a month ago.

International Business Times · Dec 12, 2023