- From pmi.spglobal.com|10 hr ago|14 comments
US businesses signalled a broad stagnation in output at the end of the third quarter as manufacturers and service providers alike indicated muted demand conditions. September data indicated the worst performance across the private sector since February, as the service economy lost further momentum. New orders fell at the strongest pace this year so far as ...
- From bnnbloomberg.ca|4 hr ago
Federal Reserve Governor Michelle Bowman signaled that she favors raising interest rates again and probably more than once, suggesting she would move more aggressively than her US central bank colleagues to quash inflation. “I continue to expect that further rate hikes will likely be needed to return inflation to 2% in a timely way,” Bowman said Friday, ...
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