International Economic
US small business optimism slips more than expected in December, NFIB says
Small business confidence in the US fell back to its June lows at the end of 2022, alongside declines in gauges for price pressures and hiring, the results of a survey showed, although salary pressure remained.
US wholesale inventories rise 1% in November
US wholesale inventories rose 1% month-on-month in November to $933. 1bn, according to the Census Bureau, in line with preliminary estimates.
Fed's Powell says restoring price stability may require unpopular policies
The US central bank will steer clear from taking on responsibilities around designing or supervising more climate-friendly policies, absent a mandate from lawmakers, its head said.
World Bank downgrades outlook for global economy
A dire outlook for the global economy was issued by the World Bank on Tuesday, with officials warning that the planet’s financial health was “on a razor’s edge”.
Cryptocurrencies take it easy, as they await Powell´s speech
Cryptocurrencies are taking it easy on Tuesday, a day of widespread market declines. Bitcoin (BTC), the world's largest cryptocurrency, is taking a breather after several days on the rise and is trading practically flat at $17,200; Ethereum (ETH), on the other hand, is above $1,300 and has increased around 1%.