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Author Archives: Top News Editor

RBA Minutes: Australia Economy Growing Below Expected Trend

Members of the Reserve Bank of Australia’s Monetary Policy Board believe that the country’s economic recovery remains below trend, minutes from the bank’s September 5 meeting revealed on Tuesday – even as global economic conditions have strengthened. Read Full Story

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U.S. Consumer Sentiment Dips In September Due To Hurricanes

Reflecting a deterioration in consumer expectations, the University of Michigan released a report on Friday showing a pullback in U.S. consumer sentiment in the month of September. The preliminary report said the consumer sentiment index dropped to 95.3 in September ...

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U.S. Industrial Production Unexpectedly Slumps Due To Harvey

With Hurricane Harvey negatively impacting output, the Federal Reserve released a report on Friday unexpectedly showing a notable decline in U.S. industrial production in the month of August. The report said industrial production slumped by 0.9 percent in August after ...

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