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China December factory PMIs suggest economy cooling further, more stimulus expected

China December factory PMIs suggest economy cooling further, more stimulus expected

BEIJING (Reuters) – China’s factory activity sputtered in December, underlining the challenges facing the country’s manufacturers as they fight rising costs and softening demand in a cooling economy. Reuters: Business News

January 1, 2015 | By | Reply More
Fed Minutes Suggest Rate Hikes Nowhere in Sight

Fed Minutes Suggest Rate Hikes Nowhere in Sight

NEW YORK (TheStreet) — If you’re waiting for higher interest rates, the Fed has a message: Pull up a comfortable chair, ’cause you’ll be waiting.The central bank thinks the economy is now rebounding from the cold winter — but it thinks low rates are still a crucial part of the recipe and some parts of […]

July 9, 2014 | By | Reply More