Economic

Third quarter sees slowdown in China’s economic growth

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Third quarter sees slowdown in China’s economic growth

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s economy grew by 4.6 per cent year on year in the third quarter, according to official data released on Friday. This growth rate is slower than the previous three months, highlighting a slowdown in … Read more

Market Wrap: Wall Street Reduces Bets on Fed Rate Cuts due to Strong Economic Data

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Market Wrap: Wall Street Reduces Bets on Fed Rate Cuts due to Strong Economic Data

(Bloomberg) — The largest bond market in the world experienced a decline after a strong retail sales report led traders to reduce their expectations for Federal Reserve interest rate cuts this year. The Treasury yields rose as the positive economic data raised doubts about the speed at which the central bank would ease its policy. … Read more