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Economy And The Numbers

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The Federal Reserve on Wednesday hinted that a rate hike is "likely" despite mounting concerns about low inflation. Low inflation might also be a result of "developments that could prove more persistent," according to the minutes of the Fed's most recent meeting on Oct 31-Nov 1. At that meeting,...

Consumer-Shopping-112217.jpg Consumer sentiment in the U.S. pulled back by less than initially estimated in the month of November, according to a report released by the University of Michigan on Wednesday. The report said the consumer sentiment index for November was upwardly revised to 98.5 from the preliminary estimate of 97.8.

PhilipHammond-Budget-112217.jpg The UK government set aside an additional GBP 3 billion over the next two years to aid the process of the country's exit from the European Union and slashed the growth forecasts for the next few years mainly due to a significant downward revision to potential productivity growth.

Durablegoodsorders-US-112217.jpg Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected drop in new orders for U.S. manufactured durable goods in the month of October. The Commerce Department said durable goods orders tumbled by 1.2 percent.

Joblessclaims-US-112217.jpg After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Wednesday showing a pullback in initial jobless claims in the week ended November 18th.

Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Wednesday showing an unexpected drop in new orders for U.S. manufactured durable goods in the month of October.

After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Wednesday showing a pullback in initial jobless claims in the week ended November 18th.

The recent slide in the Turkish Lira may prompt the central bank to consider a more aggressive tightening of policy in the near future, William Jackson, an economist at Capital Economics, said. The Turkish lira remained the worst performing emerging market currency so far this month, declining by...

The rate of return among British services companies declined to the lowest level in more than three years in the second quarter, the Office for National Statistics reported Wednesday. As services companies expanded their use of capital and experienced a fall in the level of profits, the rate of return...

Latvia's producer price inflation accelerated in October after remaining stable in the previous month, figures from the Central Statistical Bureau showed Wednesday. Industrial producer prices climbed 3.5 percent year-over-year in October, faster than the 3.3 percent increase in September. The measure...

Iceland's wage growth eased slightly in October after accelerating in the previous month, figures from Statistics Iceland showed Wednesday. The wage index climbed 7.2 percent year-over-year in October, following a 7.4 percent rise in September. On a monthly basis, wage index edged up 0.1 percent...

Croatia's unemployment rate increased in October to the highest level in five months, figures from the Croatian Bureau of Statistics showed Wednesday. The registered jobless rate climbed to 11.6 percent in October from 10.8 percent in September. Moreover, the latest unemployment rate was the highest...

High and rising household indebtedness poses the greatest risk to the Swedish economy, Riksbank said in its Financial Stability Report, on Wednesday. The bank observed the need for a stricter amortisation requirement and also for measures in housing and tax policies to increase the resilience of...

Denmark's consumer confidence improved for the first time in four months in November, though slightly, survey figures from Statistics Denmark showed Wednesday. The consumer confidence index rose to 7.6 in November from 7.1 in October. In September, the score was 7.3. Consumers' expectations regarding...

Taiwan's unemployment rate decreased for the third straight month in October, though marginally, data from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Wednesday. The seasonally adjusted jobless rate edged down to 3.69 percent in October from 3.71 percent in September....

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