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Author Archives: Top News Editor

Philly Fed Index Indicates Slower Growth In November

Philadelphia-area manufacturing activity has seen continued growth in the month of November, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday, although the pace of growth slowed compared to the previous month. Read Full Story

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U.S. Jobless Claims Unexpectedly Rebound From Eight-Month Low

After reporting initial jobless claims at their lowest level since before the coronavirus-induced lockdowns in the previous week, the Labor Department released a report on Thursday showing an unexpected rebound in jobless claims in the week ended November 14th. Read ...

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Philippine CB Reduces Key Rates Unexpectedly

The Philippine central bank lowered its key rates unexpectedly by 25 basis points to support growth amid increased downside risks to growth. The Monetary Board of the Bangko Sentral ng Pilipinas, or BSP, on Thursday, decided to reduce the overnight ...

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UK Inflation At 3-Month High In October

UK consumer price inflation accelerated more-than-expected to a three-month high in October, the Office for National Statistics reported Wednesday. Consumer prices advanced 0.7 percent on a yearly basis in October, faster than the 0.5 percent increase logged in September. The ...

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