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US core inflation falls to 3.0% in August, below forecasts
Business News

US core inflation falls to 3.0% in August, below forecasts

Core inflation in the US fell to 3. 0 percent in August, according to the so-called PCE measure
Rising US bond yields and higher oil prices send Wall Street lower
Business News

Rising US bond yields and higher oil prices send Wall Street lower

It was a red trading day on the New York stock exchanges. Investors are likely watching with concern the rising U
Wall Street rebounds as Fed rate hike worries ease
Business News

Wall Street rebounds as Fed rate hike worries ease

Wall Street stocks recovered on Thursday after the decline that followed the announcement of a US interest rate hike.
Divided Bank of England leaves UK interest rate unchanged at 3.75%
Business News

Divided Bank of England leaves UK interest rate unchanged at 3.75%

The Bank of England leaves its key interest rate unchanged at 3. 75 percent
Stockholm Stock Exchange rises for second day as markets shake off Fed concerns
Business News

Stockholm Stock Exchange rises for second day as markets shake off Fed concerns

For the second day in a row, the Stockholm Stock Exchange rose broadly, in line with leading European exchanges. The OMXS index closed up 1
Asian stock markets calm after Fed raises interest rates
Business News

Asian stock markets calm after Fed raises interest rates

The announcement of a US interest rate hike does not appear to have caused any further drama on Asia's major stock exchanges. Several indices are hovering around zero
US retail sales rise 1.2% in August, beating expectations
Business News

US retail sales rise 1.2% in August, beating expectations

US retail sales rose 1. 2 percent in August compared with July
Fed raises key interest rate, defying Trump as inflation stays high
Business NewsTop News

Fed raises key interest rate, defying Trump as inflation stays high

A united US central bank led by new chair Kevin Warsh is going against President Donald Trump and raising the key interest rate by a quarter of a percentage point. Trump is unhappy and is now demanding that interest rates be lowered quickly
Asian stock markets mixed ahead of Fed rate decision
Business News

Asian stock markets mixed ahead of Fed rate decision

The wait-and-see week continues with mixed results on Asian stock markets.
US stock futures point lower as Treasury yields hit 2007 high
Business News

US stock futures point lower as Treasury yields hit 2007 high

Futures trading on Wall Street is pointing clearly lower ahead of the opening of the U. S
US rate freeze could push up Swedish mortgage costs
Business News

US rate freeze could push up Swedish mortgage costs

The U. S
Stockholm Stock Exchange slips as global worries weigh on market
Business News

Stockholm Stock Exchange slips as global worries weigh on market

For a while, the Stockholm Stock Exchange seemed to withstand the rate freeze and rising oil prices - but ultimately ended in the red.
US inflation steady at 3.4%, boosting bets on Fed rate hike next week
Business News

US inflation steady at 3.4%, boosting bets on Fed rate hike next week

US inflation, as measured by the CPI, was unchanged at 3. 4 percent in August
ECB signal and US inflation could push up Swedish mortgage rates
Business News

ECB signal and US inflation could push up Swedish mortgage rates

Clear signals of future interest rate hikes from the European Central Bank (ECB) or an unexpectedly high US inflation figure could eventually push up mortgage rates in Sweden. A first step could be for the Swedish Central Bank, in two weeks, to signal an interest rate hike later this year
Wall Street falls as chip giants Qualcomm and Intel buck the trend
Business News

Wall Street falls as chip giants Qualcomm and Intel buck the trend

The leading indexes on Wall Street were in the red as the trading week got underway after Labor Day.
Lower-than-expected August inflation closes the door to a September Riksbank rate hike, SEB says
Business NewsTop News

Lower-than-expected August inflation closes the door to a September Riksbank rate hike, SEB says

Inflation in August came in lower than expected. This now completely closes the door to a possible interest rate hike in September, according to SEB senior economist Robert Bergqvist
Strong jobs report sends Wall Street lower as rate hike bets rise
Business News

Strong jobs report sends Wall Street lower as rate hike bets rise

The New York stock markets closed broadly lower after unexpectedly strong new jobs figures.
Trump demands lower interest rates, threatens trade freeze over deficits
Business News

Trump demands lower interest rates, threatens trade freeze over deficits

The US central bank, the Fed, must lower its key interest rate, or the US will stop trading with countries with which it has a deficit. This is an ultimatum from President Donald Trump
Fed chief Warsh signals inflation concern, markets raise odds of September rate hike
Business News

Fed chief Warsh signals inflation concern, markets raise odds of September rate hike

The new US Federal Reserve Chairman Kevin Warsh says in his first major speech that inflation is too high and that measures may be necessary. The market's reaction is a sharply increased belief in a hike in the key interest rate in September
Kevin Warsh faces key Jackson Hole speech as pressure builds over Fed communication and US debt
Business News

Kevin Warsh faces key Jackson Hole speech as pressure builds over Fed communication and US debt

Being new on the job is not always easy. Just ask Kevin Warsh, who has drawn criticism from economists and is also under pressure from sky-high interest rates and a $40 trillion national debt
US says it stopped Chinese hacker attack on several agencies
World News

US says it stopped Chinese hacker attack on several agencies

The United States says it has stopped a Chinese hacker attack against several American agencies, Reuters reports.
US core inflation rises in line with forecasts, monthly price gains top expectations
Business News

US core inflation rises in line with forecasts, monthly price gains top expectations

Core inflation in the United States rose to 3. 3 percent in July, according to the so-called PCE measure
US labor market weakens as jobs fall by 23,000 in July, far below forecasts
Business News

US labor market weakens as jobs fall by 23,000 in July, far below forecasts

The number of jobs outside the agricultural sector in the United States fell by 23,000 in July, according to figures from the country's Labor Department. This was a significantly weaker result than expected
US economy slows as inflation eases and GDP growth misses forecasts
Business News

US economy slows as inflation eases and GDP growth misses forecasts

Inflationary pressures in the US are easing. However, there are now signs that the country's economy is performing worse than expected
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