ISTANBUL: Canada’s real gross domestic product (GDP) rose 0.5% in the second quarter of this year, the country’s statistical body said Friday.
Real GDP increased 0.4% in the first quarter.
“Higher government final consumption expenditures, business …
ISTANBUL: The US Federal Reserve’s preferred annual inflation indicator remained unchanged at 2.6% in July, according to Commerce Department figures released Friday.
The figure came in slightly lower than market expectations of 2.6% after the core pe…
ISTANBUL: The US Federal Reserve has signaled that an interest rate cut is around the corner, but the burning question now is about the extent.
More specifically, the debate is whether the Fed will go for a reduction of 25 or 50 basis points, with va…