RBA Holds Cash Rate at 4.10% in AprilThe Reserve Bank of Australia (RBA) has opted to leave its cash rate unchanged at 4.10% during its April meeting, a move that was in line with market expectations.
Chicago Business Barometer Rises for Third MonthThe Chicago Business Barometer, produced in collaboration with MNI, rose by 2.1 points to 47.6 in March, marking the third straight monthly increase and the highest reading since November 2023.
U.S. Personal Income and Spending Continue to Rise in FebruaryConsumer income and expenditures grew steadily, supporting ongoing economic activity.
U.S. GDP Growth Slows But Corporate Profits and Income SurgeThe U.S. economy expanded at an annualized rate of 2.4% in the final quarter of 2024, reflecting solid consumer and government spending, according to the latest data from the Bureau of Economic Analysis.
US Services PMI Rises to 3-Month High in MarchThe service sector shows a strong recovery, though export weakness and policy uncertainty persist.
Trump Imposes 25% Tariff on Imported Vehicles and CopperNew trade policy sparks supply chain concerns and market volatility as copper prices surge.
UK CPIH and CPI Decline in FebruaryAccording to the Office for National Statistics, the Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.7% in the 12 months to February 2025, down from 3.9% in January.
US Services Sector Rebounds in March Amid Cautious OutlookPMI rises to 54.3 on stronger demand and better weather, though confidence slips amid policy concerns.
