A rise in interest rates by the Federal Reserve is being more anticipated in light of strong US payroll data, which has dampened enthusiasm for Dow Jones futures. Investors are more worried about inflation as a result of rising crude Read More …
President Donald Trump issued a warning on Friday regarding the potential cessation of trade with numerous countries unless the Federal Reserve takes action to reduce interest rates. “LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE Read More …
Global bond yields experienced a significant increase on Tuesday, reaching their highest levels in decades. This rise was driven by an escalation in the Middle East conflict, which in turn pushed oil prices higher and heightened concerns regarding potential interest Read More …
The major U.S. index futures are indicating a lower opening on Monday, suggesting that stocks are set to continue the pullback observed in last Friday’s session. The downward momentum on Wall Street arises from apprehensions regarding a potential re-escalation of Read More …
The hawkish remarks made by Fed Chair Warsh at Jackson Hole have caused the US currency to consolidate its pre-weekend rally. The last instance of the US two-year and the Dollar Index experiencing a rise comparable to the reaction following Read More …
Federal Reserve Chairman Kevin Warsh cautioned that inflation is not showing significant signs of deceleration and emphasised that policymakers need to be assured of its reduction; otherwise, the central bank has “work to do.” In a comprehensive address, his inaugural Read More …
Americans reduced their retail expenditures in July, reflecting a decline in their confidence regarding the economy. That represents a potentially concerning mix for an economy reliant on consumer spending. Retail sales decreased by 0.6% in July compared to the previous Read More …
Businesses’ costs are not increasing at the same pace observed in recent months, suggesting that price increases for consumers may decelerate in the forthcoming months. The Producer Price Index, which monitors price fluctuations for producers and manufacturers, rose by 4.7% Read More …
Annual inflation decelerated for the second consecutive month, easing to 3.4% in July, as petrol prices exerted less pressure, according to new data released Wednesday by the Bureau of Labour Statistics. The latest Consumer Price Index indicated a monthly price Read More …
Recent data from the Federal Reserve Bank of New York revealed that a growing number of Americans are increasingly struggling to keep up with their home and car loan payments, marking the most significant decline in financial stability observed over Read More …
