Latest Finance-Economy News
US Job Growth Slows in November Amid Wage Pressure
The US economy added 175,000 jobs in November, below expectations, indicating slowing growth. Wage increases remained robust, fueling inflation worries among policymakers [1].
ECB Maintains Interest Rates, Signals Possible End to Hikes
The European Central Bank held rates steady at 4.25%, citing easing inflation but warned that high rates may remain to ensure price stability [2].
China's Exports Grow Moderately Despite Global Demand Drop
China reported a 5% rise in exports for November, showing resilience despite softer demand from major trading partners [3].
OPEC+ Agrees to Maintain Current Oil Production Levels
OPEC+ decided to keep oil production steady, aiming to balance markets amid uncertain demand forecasts and geopolitical risks [4].
Global Inflation Trends Show Divergence Between Developed and Emerging Markets
Inflation rates in advanced economies are declining, while emerging markets continue to face elevated inflation pressures due to currency volatility [5].
UK Economy Faces Stagnation as Consumer Spending Eases
UK consumer spending growth slowed sharply in November, raising concerns over potential recession with household budgets strained by inflation [6].
India's Central Bank Hints at Further Rate Hikes to Curb Inflation
The Reserve Bank of India indicated a potential rate increase in December following sustained inflation above target levels [7].
Cryptocurrency Markets Drop Amid Regulatory Crackdowns
Major cryptocurrencies experienced sharp declines due to increased regulatory scrutiny worldwide, impacting market confidence [8].
Global Supply Chain Disruptions Begin to Ease, Report Finds
A recent study shows significant recovery in supply chain logistics, reducing inflationary pressure on goods prices globally [9].
Financial Markets Brace for US-China Trade Negotiations Resumption
Investors are cautious as new rounds of US-China trade talks are set to begin, seeking clarity on tariffs and market access issues [10].