COLOMBIA'S CARDENAS SAYS CURRENT CENTRAL BANK POLICY RATE OF 4.5 PCT IS A NEUTRAL RATE CONSISTENT WITH MEETING INFLATION AND GDP TARGETS.» Read More
Discussing if current economic data supports the end of QE, with Paul McCulley, Pimco chief economist. McCulley says the Fed wants to get off its zero interest rate policy, and it's the appropriate thing to do.
Discussing next week's FOMC statement by Janet Yellen, Paul McCulley, Pimco chief economist, discusses the two key phrases the Fed must change before they hike rates.
CNBC's Steve Liesman introduces the new Federal Reserve metric on jobs data.
In Thursday's "Rapid Update," CNBC's Steve Liesman reports on the revised Q2 GDP estimates.
WASHINGTON, Sept 11- The U.S. economy likely grew at a much faster pace in the second quarter than previously estimated, according to data on Thursday that showed a big jump in healthcare spending.
INTERVIEW- ECUADOR 2015 GDP GROWTH WILL BE BETWEEN 4 PCT AND 4.5 PCT- FINMIN.
TOKYO, Sept 8- Japan's economy shrank an annualised 7.1 percent in April-June from the previous quarter, worse than a preliminary estimate, and adding to doubts over whether the central bank can achieve its target of 2 percent inflation early next year.
While Japan's second quarter contraction is worrying, markets should be more concerned about the weakness in consumption, says Izumi Devalier, Japan Economist at HSBC.
TOKYO, Sept 8- Japan's economy shrank an annualised 7.1 percent in April-June from the previous quarter, more than a preliminary estimate, underscoring concerns the hit from an April increase in the sales tax may have been bigger than expected.
TOKYO, Sept 8- Japan's economy shrank an annualized 7.1 percent in April-June from the previous quarter, revised down from a preliminary 6.8 percent contraction due to weaker-than-expected capital spending, Cabinet Office data showed on Monday. The revised contraction was the biggest since a 15.0 percent decline marked in January- March 2009.
Robert Med, Partner at GMT Research, says the real issue facing Japan is the government's inability to rein in the country's mounting debt.
Discussing what today's weak jobs data says about the U.S. economy, with Monica Mehta, Seventh Capital; Phil Blancato, Ladenburg Thalmann Asset Management; John Rutledge, SAFANAD; and CNBC's Rick Santelli.
CNBC's Steve Liesman reports on comments from the new Cleveland Fed President Loretta Mester.
SEOUL, Sept 4- South Korea's economy grew a seasonally adjusted 0.5 percent in the second quarter from the previous three months, revised data from the central bank showed on Thursday, slightly lower than its earlier estimate.
SEOUL, Sept 4- Following are details of South Korea's revised gross domestic product data for the April-June period this year, released by the Bank of Korea on Thursday: OVER PREVIOUS QUARTER, SEASONALLY ADJUSTED.
CNBC's Steve Liesman reports the headlines out of the Federal Reserve's Beige Book.
Savanth Sebastian, Equities Economist at CommSec, highlights the weak contributors in Australia's second-quarter growth report.
NEW DELHI, Sept 3- Optimism that sunny growth figures herald an economic revival in India is probably misplaced- in fact there is little hard evidence to support the idea that Asia's third-largest economy is heading for a broader and sustained rebound anytime soon.
Simon Grose-Hodge, Head of Investment Advisory, South Asia at LGT Bank, says the domestic economy is still failing to make up for the slack in mining.
David Bassanese, Chief Economist at BetaShares, says the better-than-expected growth data will likely be short-lived due to softening exports.