Latest News for: Economist index

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Unemployment, prices in Detroit have been up: New forecast predicts what's next

Detroit Free Press 06 Sep 2024
But the economists now predict that the Detroit Consumer Price Index inflation will go from 5.4% last year to about 2.7% this year and then drop again a bit in the years between 2025 and 2029.
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Dubai’s greening its landscape like never before – developers must do their part too

Gulf News 05 Sep 2024
According to The Economist’s Global Liveability Index, stability, healthcare, culture and environment, education and infrastructure are vital factors despite stability scores declining globally in 2024.
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India's services sector growth accelerates to 5-month high in August, PMI shows

Hindustan Times 04 Sep 2024
The HSBC final India Services Purchasing Managers' Index , compiled by S&P Global, rose to 60.9 in August, up from July's 60.3 and exceeding a preliminary estimate of 60.4 ... India economist at HSBC.
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Dollar nudges at two-week highs; yen grabs spotlight

Khaleejtimes 03 Sep 2024
Data on Friday showed the personal consumption expenditures (PCE) price index - the Fed’s preferred measure of inflation - rose 0.2 per cent in July, matching economists’ forecasts, keeping the US central bank on the path to cut rates.
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Futures drop as markets brace for data-heavy week

Colorado Springs Gazette 03 Sep 2024
stock index futures traded lower on Tuesday as caution prevailed ahead of a slew of economic data ... Economists forecast the manufacturing index to rise to 47.5, but remain in contractionary territory.
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Futures trade lower ahead of data-packed week

Colorado Springs Gazette 03 Sep 2024
stock index futures were lower on Tuesday ahead of a slew of economic data reports due through the ... Economists forecast the manufacturing index to rise to 47.5, but remain in contractionary territory.
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UK mortgage approvals hit post-2022 high

CyprusMail 03 Sep 2024
The figure was higher than the median forecast of 60,500 in a Reuters poll of economists ... Paul Dales, chief UK economist at Capital Economics, said the BoE figures suggested the fall in the Nationwide’s house price index was probably a blip.
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Policy talk heats up on mixed factory data

People Daily 03 Sep 2024
... macroeconomic policy support measures to ensure the achievement of the country's annual growth target, economists and analysts said ... Wang Zhe, a senior economist at Caixin Insight Group, said.
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US dollar’s weakness could drag down price of Bitcoin: report

New York Post 03 Sep 2024
Economists have warned investors to “strap in for what could be a bumpy ride” as they ... The US Dollar Index has hit a new 2024 low, causing economists to worry that it may breach its 2020 low soon.
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T. Rowe manager who predicted yen shock sees another coming

The Spokesman-Review 03 Sep 2024
Economists briefly predicted the Federal Reserve would need to cut interest rates by half a point or act between meetings - the kind of step usually reserved for a crisis.
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Asia-Pacific markets decline as China’s business activity data disappoints

Invezz 02 Sep 2024
China’s official purchasing managers’ index (PMI) for August showed a decline to 49.1, marking a six-month low ... Japan’s Nikkei 225 index rose by 0.35% on Monday, briefly surpassing the 39,000 mark for the first time since July 31.
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China's logistics sector sustains steady growth in August

China Daily 02 Sep 2024
... in both the upstream and downstream of the country's supply and industrial chains deepened integration, driving up the total business volume index, said He Hui, chief economist at the federation.
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Strong US spending dims hopes for big Fed rate cut

Dawn 02 Sep 2024
recession, leading financial markets and some economists to put a 50-basis-points rate reduction on the table when the US central bank embarks on a widely anticipated policy easing in September ... The increase was in line with economists’ expectations.
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China's Caixin manufacturing PMI data not very optimistic, economist says

CNBC 02 Sep 2024
Gary Ng, Asia-Pacific economist at Natixis, discusses the rise in China's Caixin manufacturing purchasing managers index and says "things are still quite challenging." ... .
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