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US Economic Data - US core PCE inflation set to soften further, paving way for another Federal Reserve interest-rate cut

The United States Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for September, which is the Federal Reserve’s preferred measure of ...

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US economic growth solid despite slight slowdown as election nears

WASHINGTON, Oct 31, 2024 (BSS/AFP) - The US economy saw resilient growth in the third quarter despite a modest slowdown according to government data Wednesday, less than a week before inflation-weary ...

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DXY index: US dollar forms bullish pennant ahead of data, election

The US dollar index (DXY) wavered on Thursday as traders waited for the important economic data from the United States and next week’s general election. It was trading at $104.17, a few points below ...

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Stock market today: Asia shares decline as investors await earnings, US elections and economic data

Asian shares mostly declined Thursday as investors grappled with uncertainty ahead of the United States presidential election on Nov. 5.Japan's benchmark Nikkei 225 dipped 0.5% in early trading to 39, ...

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US economy grew in Q3, driven by consumer spending

The US economy expanded at an annualized rate of 2.8 percent in the three months to September, with consumer spending serving as a major contributor to growth.

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