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19.1% US consumers say biz conditions good, 16.7% say bad: Think tank

Weaker consumer assessments of the present situation and expectations contributed to the drop in consumer confidence in December, The Conference Board said.
Consumer views of current labour market conditions continued to improve, but their assessment of business conditions weakened.
Consumers were substantially less optimistic about future business conditions and incomes compared to November.Read More

28.12.2024Comments Off,
Turkiye cuts policy rate to 47.5%, revises monetary policy framework

Turkiye’s Monetary Policy Committee cut the policy rate to 47.5 per cent and adjusted borrowing/lending rates.
Inflation trends stabilised in November, with a decline expected in December, supported by slowing domestic demand, real lira appreciation, and improved expectations.
Tight monetary policy and fiscal coordination aim to reach a 5 per cent inflation target medium-term.Read More

28.12.2024Comments Off,