It marked the country’s second consecutive economic downturn, following a 0.1% GDP decline in September.
The PCE price index was expected to show a 2.5% annual inflation rate in November after rising 0.2% monthly.
Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services inflation and wage...
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank...
Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter...
Since September, the rial has suffered the ripple effects of hits to Iran's proxies, as well as the November election...