January 18, 2024 United States: Fed’s Bostic Reiterates View Rate Cuts to Start in Third Quarter Federal Reserve Bank of Atlanta President Raphael Bostic said he wants to see more evidence inflation is on track toward the central bank’s 2% target, repeating that he doesn’t expect policymakers to cut interest rates until the third
January 17, 2024 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 4.2% in the 12 months to December 2023, same as it did in November. The Consumer Prices Index (CPI) rose by 4.0%, up from 3.9% in November. On a monthly basis, CPIH
January 17, 2024 According to the statistical office of the European Union (Eurostat), in December 2023, the Euro area annual inflation rate was 2.9%, up from 2.4% reported in November 2023. The prior year’s rate was 9.2%. Annual inflation in the European Union was 3.4% in December 2023, up from 3.1% in November 2023. The
January 17, 2024 United States: US Retail Sales Rise By Most in Three Months to Cap Holidays US retail sales rose at the strongest pace in three months in December, capping a solid holiday season that suggests consumer resilience heading into the new year. The value of retail purchases, unadjusted for inflation, increased 0.6%
January 16, 2024 Paramount Trading (Jamaica) Limited (PTL) for the six months ended November 30, 2023, reported a 28% decrease in revenue totalling $865.49 million compared to $1.20 billion in the corresponding period last year. Revenue for the second quarter had a 27% decrease to close at $439.44 million compared to $600.99 million for
January 16, 2024 Main Event Entertainment Group Limited (MEEG) Audited financials for the twelve months ended October 31, 2023: Main Event Entertainment Group Limited (MEEG) for the twelve months ended October 31, 2023, reported a 24% increase in Revenues totaling $1.92 billion compared to $1.55 billion in the corresponding period last year. Revenues for the
January 16, 2024 United States: New York Factory Index Slumps to Lowest Level Since May 2020 New York state factory activity deteriorated sharply at the start of 2024 on declining orders and shipments, consistent with persistent struggles for manufacturers across the US. The Federal Reserve Bank of New York’s general business conditions index decreased
January 15, 2024 Sygnus Real Estate Finance Limited (SRFJMD) for the first quarter ended November 30, 2023, reported a 42% decrease in interest income totalling $43.83 million compared to $74.93 million in the corresponding three months last year. Interest expense amounted to $85.01 million (2022: $62.00 million), this represents an increase of 37% year
January 15, 2024 Ciboney Group Limited (CBNY) for the six months ended November 30, 2023, recorded no revenue relative to the $1,000 reported for the prior financial year. No revenue was recorded for the quarter relative to total revenue of $1,000 a year prior. “On November 15th, the Company announced its intention in a resolution
January 15, 2024 Expressed in United States dollars unless otherwise stated: Express Catering Limited (ECL) for the six months ended November 30, 2023, reported a 27% increase in Revenue totaling $11.58 million compared to $9.12 million in the corresponding period last year. Revenue for the second quarter had a 23% increase to close at $5.18
