Some members of the Federal Reserve noted that there was a reasonable argument for cutting interest rates by 25 basis points during the July meeting. […]
Tag: Federal Reserve
U.S. Debt Levels Surge in Q2 2024 Amid High Interest Rates and Inflation
In the second quarter of 2024, U.S. debt levels saw notable increases across various sectors, reflecting the broader economic landscape characterized by persistent inflation, elevated […]
JP Morgan CEO Jamie Dimon Warns U.S. Economy Faces Threat Worse Than Recession
JP Morgan Chase CEO Jamie Dimon has issued a stark warning about the future of the U.S. economy, suggesting it may face challenges even worse […]
July PCE Inflation Data: What It Means for U.S. Interest Rates
The July Personal Consumption Expenditures (PCE) inflation data, which is closely watched by the Federal Reserve, came in slightly below expectations. The headline PCE inflation […]
Hedge Funds Are Most Bullish on Gold in Four Years as Fed Rate Cuts Loom
Hedge funds have raised their bullish bets on gold to the highest level in four years. This surge in confidence comes as many traders expect […]
U.S. Dollar Sentiment Turns Max Short as Investors Brace for Further Decline
The sentiment around the U.S. Dollar has shifted dramatically, with traders and investors now holding the most bearish outlook in years. As of the latest […]
UBS Increases U.S. Recession Odds to 25% Amid Rising Economic Risks
UBS Global Wealth Management has recently raised the probability of a U.S. recession to 25%, up from its previous estimate of 20%. This adjustment reflects […]
Bitcoin ETFs See Strong Inflows Amid Market Optimism
On Friday, U.S. Bitcoin ETFs saw a net inflow of $252 million, marking the highest level in over a month. This surge in inflows reflects […]
Stock Index Futures Rise Ahead of Fed Chair Powell’s Jackson Hole Speech
Stock index futures are up ahead of Federal Reserve Chair Powell’s speech at the Kansas City Federal Reserve’s Jackson Hole Economic Symposium, scheduled for 9:00 […]
Money-Market Funds Reach Record $6.24 Trillion as August Inflows Hit $106 Billion
Money-market funds have attracted $106 billion so far in August. This has pushed their total assets to a record $6.24 trillion as of August 21, […]
Fed Minutes Reveal Confidence in Inflation Progress and Risks to Employment; Treasury Yields Fall
FED MINUTES: Participants expressed increased confidence that inflation is moving towards the 2% target based on recent data. Some members believed that the recent progress […]
US Inflation Drops to 2.9%, Lower Than Expected
July US Inflation Data: – Consumer Price Index (CPI): – Year-on-Year (YoY): 2.9% (Expected: 3%) – Month-on-Month (MoM): 0.2% (Expected: 0.2%) – Core CPI (excluding […]