[ad_1] Monday The European Union’s statistics agency releases third-quarter gross-domestic product information and the October consumer-price index. The 19-nation eurozone faces an uncertain outlook from the war in Ukraine and is struggling with high inflation. Tuesday The Labor Department releases September figures on job openings, hires, quits and layoffs. Job openings fell 10% in August […]
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[ad_1] Americans stepped up their spending and slowed their saving in September as they faced higher prices, especially for services such as housing, utilities and transportation. Consumer spending increased by a seasonally adjusted 0.6% last month, the Commerce Department said Friday. Households spent more on essentials like rent, food and commuting as their prices continued […]
Read More[ad_1] OTTAWA—Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening of financial conditions. “We do expect that interest rates will need to go higher, to get inflation all the way back to the […]
Read More[ad_1] Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate increases as it attempts to cool economic growth and bring down high inflation. The latest figures add to a picture of an economy losing some momentum but still growing as the labor market, consumer […]
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