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Manufacturing sector marks a year-and-a-half in contraction – survey
- cnnnews
- September 13, 2024
- 0
Navigation for News Categories The BNZ-Business New Zealand Performance of Manufacturing Index (PMI) rose 1.4 points in August to 45.8 points. Photo: 123RF Manufacturing sector activity has improved slightly, but remains deeply in contraction. The BNZ-Business New Zealand Performance of Manufacturing Index (PMI) rose 1.4 points in August to 45.8 points, its 18th consecutive month
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
- cnnnews
- September 9, 2024
- 0
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025 » …
US Fed rate cut: Full text of monetary policy statement by FOMC
- cnnnews
- September 18, 2024
- 0
The US Federal Reserve finally cut benchmark interest rate by 50 bps to 4-3/4 to 5% for the first time in four years. This marks the kicking off of an easing rate cycle. The Federal Reserve has held its policy rate in the 5.25-5.50% range since July 2023 as inflation rose to a 40-year high