Economy

World Economy Latest: Inflation in US Rises More Than Forecast


US inflation last month was a touch stronger than forecast, helping to consolidate market bets that the Federal Reserve will opt for a smaller interest-rate cut in November.

In Germany, Europe’s largest economy, orders placed with manufacturers tumbled by the most since the start of the year. The UK economy returned to growth and the French government put forth a plan aimed at tackling a mounting budget deficit.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Financial World News @2024. All Rights Reserved.