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05th of October 2010
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News Tag: suggest

September 23, 2010

Euro zone manufacturing and services ease in September

by Kay Murchie
Euro zone manufacturing and services ease in September
There were signs that the euro zone economic recovery is cooling after growth in manufacturing and services eased. The manufacturing purchasing managers index (PMI) eased in September to 53.6, down from August’s figure of 55.1. Meanwhile, the services PMI fell to 53.6 from 55.9. However, both indices are above the crucial 50 mark - which separates growth from contraction. On a positive ...

September 22, 2010

US Fed leaves interest rates at record low

by Kay Murchie
The Federal Reserve yesterday elected to keep US interest rates at the historically low level of between 0% and 0.25%, as widely expected. Interest rates in the world’s largest economy have been at the low level since December 2008 and the bank has previously said that as a result of subdued inflation and high unemployment, low interest rates are ...

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