Slowdown

Inflation Measure Cools: Fed’s Preferred Gauge Shows Promising Slowdown

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New York City – The Federal Reserve’s preferred measure of inflation has shown a slight cooling in recent reports, bringing some relief to economic analysts and investors. The Personal Consumption Expenditures (PCE) index, closely watched by the Fed, rose by 2.6% in May, which is slightly lower compared to previous months. This development may indicate a slowing down of inflationary pressures in the economy. The news of the cooling inflation measure comes as the S&P …

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Disappointing Retail Sales Report Reveals Strain of Elevated Interest Rates – Experts Predict Consumer Spending Slowdown

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The state of the economy in New York, New York is facing challenges as recent retail sales data reveals a slower than expected growth rate in May. According to experts, the disappointing report highlights the impact of elevated interest rates on consumer spending, particularly in housing-related categories. Despite efforts to stimulate growth, such as the Federal Reserve signaling a potential interest rate cut, retail sales only saw a marginal increase of 0.1% in May, falling …

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Slowdown: US Jobs Report Confirms Ongoing Economic Softening

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Washington, DC – The latest US jobs report is anticipated to confirm a continued slowdown in job growth, reflecting the broader economic trends in the country. Economists are forecasting that the report will reveal the addition of 190,000 jobs in May, a figure that will shed light on the state of the labor market. As the economy continues to navigate through uncertain times, the job report is closely watched for insights into the overall health …

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Consolidating Ethereum Signals Slowdown in Market Direction – Is the Bull Run Over?

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New York, NY – Ethereum, the second-largest cryptocurrency, appears to be in a phase of consolidation following a period of excitement over the possibility of spot ETFs entering the market. Despite a 17% surge last week, Ethereum’s rally has slowed to less than 1% this week, raising concerns about a potential consolidation period for the digital currency. Market sentiment and technical indicators are pointing towards the beginning of a consolidation phase for Ethereum. Data on …

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Consumer Spending Slowdown in China Raises Concerns to Economic Recovery

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Beijing, China – Economic indicators in China have taken an unexpected turn, with both consumption and investment showing signs of slowing down. Reports from various sources reveal a concerning trend as retail sales and factory output data fail to meet expectations, pointing to a potential slowdown in the world’s second-largest economy. In recent months, China’s consumer spending has experienced a noticeable slump, leading to concerns about the overall health of the economy. Despite efforts to …

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Consumer Slowdown in China Sparks Worry Amid Factory Boom – Reuters

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Beijing, China – As China’s factories ramp up production, concerns linger over a persisting slump in consumer spending. Despite a boost in manufacturing output, data reveals a slowdown in retail sales and investment, signaling challenges ahead for China’s economic recovery. The ongoing trade battle with the United States adds complexity to China’s bet on manufacturing, increasing risks for the nation’s economic stability. While manufacturing plays a critical role in China’s economy, it also exposes the …

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Saving Da Zi: Chinese Women Join Forces to Save Money Amid Economic Slowdown

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Hong Kong, China – As the global economy faces uncertainties due to the ongoing pandemic, individuals like Kathy Zhuo from Fujian, China, are finding innovative ways to save money amid financial challenges. Zhuo, a 36-year-old mother of two, was forced to take a 50% pay cut during the pandemic, compounding the difficulties of caring for her mother who has been battling cancer for five years. In response to the financial strain, Zhuo turned to a …

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Inflation Slowdown Ahead? Latest US Consumer-Price Data Revealed – Will the Fed React?

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Washington, DC – As the US anticipates the release of consumer-price data following strong jobs numbers, experts project a sluggish decrease in underlying inflation. This trend sheds light on the Federal Reserve’s cautious stance on lowering interest rates. The upcoming core consumer price index report for March, excluding food and fuel, is expected to show a 0.3% increase from the previous month’s 0.4% uptick in February. There’s also an anticipation of a corresponding rise in …

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**Easter Treats Galore: Chocolate Prices Drop Leading to Record Food Price Inflation Slowdown!**

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London, UK – Recent industry figures indicate that falling chocolate, sugar, and jam prices have contributed to a notable decrease in food price inflation, reaching its lowest level in over two years. According to the British Retail Consortium (BRC), the competition among retailers played a significant role in driving down prices on certain goods in March, although Easter treats experienced a rise in cost. In a report released by the BRC, the overall rate of …

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**Gucci Panic: Kering SA Shares Plummet 15% as Sales Drop 20% in First Quarter, Hinting at China Slowdown**

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Paris, France – Luxury giant Kering SA experienced a significant plunge in shares following a warning that sales at its flagship brand, Gucci, dropped by approximately 20% in the first quarter. This decline resulted in a drastic intraday decrease in stock value, the most substantial since 1992, wiping out over €7 billion euros ($7.6 billion) from Kering’s market capitalization. Gucci’s sales downturn, which is more reliant on China compared to other luxury brands, was primarily …

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