The Morning Financial Newsletter That's Ruffling Feathers.
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11/30/2023 Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
Europeans again saw some relief as inflation dropped more than expected to 2.4% in November, the lowest in over two years, as plummeting energy costs have eased a cost-of-living crisis but higher interest rates squeeze the economy's ability to grow.Inflation for the 20 countries using the euro curre...
11/29/2023 The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates.The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international gro...
11/28/2023 Stock market today: Asia trading mixed after strong US consumer confidence data push Wall St higher
Asian shares were mixed Wednesday after a strong report on U.S. consumer confidence and hopes the Federal Reserve is finished with its aggressive interest rate hikes sent shares higher on Wall Street. Japan's benchmark Nikkei 225 added 0.1% in morning trading to 33,450.32. Australia's S&P/ASX 20...